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Looking at the bullish moves in the indices we have to see that the october was
a very bullish month this year.
Price in the daily is still hovering above Kumo and signals are strong to see some
higher prices before year ends.
There is one scenario that comes into mind to see price dropping and stopping
above daily Kumo to close the island gap that still is open. That could mean for
the next 2-3 weeks some retracement without killing the overall upside move:
I do use it - with smaller instruments than the future itself.
Had just not taken time to hold this thread alive.
Will do it again as I get some new charting software.
@GFIs1 Nice! thank you, I have an IB account so trading it will not be an issue and data feed is free for this CFD at IB. What charting software you are looking at for this method?
Edit: My bad I cannot trade as per IB CFD documentation
"Legal residents of the US, Canada, Hong Kong and Japan are prohibited from trading both the IB-issued and exchange listed CFDs and residents of Australia the IB-issued CFDs."