Futures Trading Room – Overnigth Overview of October 23rd 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.