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Tick Pulse is Long on the Gap Up

Posted by David Bean on

Gap Up's make it difficult to take long trades. The market usually gives you what is easy and takes what is difficult. It can pay to be a contrarian and is one of the benefits of trading with a strategy. The market took this opportunity to take advantage of many short trades that took place between the open and 2300.00 on the E-mini S&P. That was the easy trade with perceived resistance at 2300.00. The trend was too strong though and the long side has prevailed so far today.

Going long on the gap up was the trade of the day with Tick Pulse. It is somewhat satisfying to be long as the market trades through a major resistance level and century mark such as 2300.

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