Futures Trading Room – Overnight Overview of 12/10/2015 trade
On Monday, I sent this alert:
If SPY closes above 201,33 the following patterns are triggering:
SHORT PATTERNS 29-72-162-300-338-342 (VOLUME-PRICE-BOLLINGER-VIX-RSI)
LONG PATTERNS 349 (PRICE)
If that happens, I will enter SHORT despite that long pattern…
Usually I pass on mixed night. But the market was highly overbought and it didn’t manage to break the big resistance at 202,5. And short patterns were coming from everywhere: Bollinger Bands, RSI, VIX and volume. It was a good bearish night with a 7,7% and 11% of gain on my two accounts. My equity curve finally came back pointing to North.