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Bearish on SPY for the weekend…

January 4, 2013

Seasonality is mildly bearish for tonight and here are two new bearish patterns:

NT %W PF AW AL MAX MIN
7 14,29 0,06 0,35 -0,92 0,35 -1,61

the second one will be triggered only if today’s high is higher than yesterday’s high and if today’s low is higher than yesterday’s low.

NT %W PF AW AL MAX MIN
67 38,81 0,35 0,24 -0,44 0,94 -2,62

If the second one will not be triggered I won’t take the trade.

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