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Futures Trading Room – Overnigth Overview of October 23rd 2015

October 26, 2015

This is the alert I sent last Friday:

If SPY keeps today’s low above yesterday’s high at 205,51 the following patterns will trigger:

SHORT PATTERNS 216-319-359-399-400 (PRICE-RSI-SEASONALITY)

If that happens, I will enter SHORT.

Note: I will use a larger 1.25% stop loss (25 ES future points)

Despite a good beginning with ES down more than -0,35% from Friday’s close, I ended up with a flat trade.

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