Futures Trading Room – Overnight Overview of October the 16th
This was the alert I sent last Friday:
The following patterns are triggering:
SHORT PATTERNS 162-299-395-398 (BOLLINGER-VIX-VOLUME-SEASONALITY)
I will enter SHORT.
Notes: The last pattern only occured 4 times. In all of them the night was down. We have multiple factors in action too and market is clearly overbought.
I close the trade with a 4,6% and 6,6% of gain. It was a good lucky short win.