As mentioned yesterday: "A good action point (short term) could be a move over 175.60s" and we opened on $175.58, it's always a good confirming sign when price opens right at a significant level.
I didn't particularly like the long entry on the close yesterday (because of the distance of the slow line from zero) but looking for targets in that time frame we already achieved the primary target.
The entry for this morning set up a little before the open (often the case). Below is the ES globex session, 15-min on the left, 5-min on right (vertical line indicating the regular trading hours open)
The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at email@example.com
I am always open to questions, comments, or suggestions on how to improve this blog.