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LivestreamMenuThe constant derailing of the Iran peace talks and ongoing interruptions in the Strait of Hormuz have made it incredibly difficult to trade with any degree of certainty since February. While this volatile macro environment prevails, the best thing a trader can do is stick strictly to technical setups with clearly defined risk parameters. Despite the Nasdaq’s rout Monday, Accenture (ACN) is actually showing some promising bullish signs. The major caveat here is that tight trade management is absolutely critical, which I will outline below. To spot a high-probability entry on ACN, I am looking at two very simple indicators: Accelerated MACD (5, 13, 5): I prefer this faster MACD setting to catch momentum pivots before the rest of the market wakes up. As highlighted on the chart, the MACD triggered a bullish crossover on June 26th. While this can sometimes precede an explosive move, its best to look at another indicator for some kind of confirmation. Relative Strength Index (RSI): To gauge the underlying strength of this bounce, let’s look at the RSI. The indicator was officially in oversold territory from June 17 through July 1, but it is now moving sharply higher. This upward trajectory adds a necessary layer of confirmation to our MACD signal. Given the delicate geopolitical situation with Iran, this specific trade will only make sense if the broader Nasdaq demonstrates some form of a bounce in the coming days. The trade setup: ACN 138-139 bull call spread With ACN currently trading at $138.52, my strategy is to sandwich the current price right between my strikes. If ACN drifts higher in the coming days, you can simply adjust the strikes to envelope the new price action, buying the In-The-Money call just below the live price and selling the Out-Of-The-Money call just above it. One quick note before we get to the trade details. If tracking these setups manually isn’t your style, Maya (our algorithmic trading engine) handles entries and exits completely autonomously using a 100% rules-based system. We are celebrating one year of being fully live right now, so you can lock in our $47 launch offer here: https://tradewithmaya.com/autotrading. Here is my exact trade setup: Buy $138 call, Aug 7 expiry Sell $139 call, Aug 7 expiry Contracts: 1 Cost: $50 Potential Profit: $50 With such a difficult trading environment, strict trade management is imperative. The Maya algorithm mentioned above uses 9 different technical exit criteria, which is as solid as it gets for risk management. However, for a human trader, watching that many variables manually is hardly practical. The easiest and most effective way to cut a loser is to bail if the trade loses half of its overall value. If you paid $50 to enter this spread and ACN continues to drop, I would immediately close the position if the spread’s value falls to $25. Another highly objective way to cut a losing trade is simply exiting the moment the MACD makes a bearish crossover. — Nishant Pant Founder: https://tradewithmaya.com/ Author: ” Mean Reversion Trading ″ Youtube, Twitter: @TheMeanTrader DISCLOSURES: Nishant holds a bull call spread on ACN expiring on August 7, 2026. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, or its parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.Read More
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