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A bearish Fed Day’s night…

October 28, 2014

Tomorrow is Fed Day. Usually, this night has to be considered as a bullish one. But if SPY closes above 198,2 and in the highest 10% of its daily range (high-low) the followings will trigger:

BEARISH PATTERNS 153-228-353-354

With the above rules triggered, I will enter a SHORT trade at the close.

 

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