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Futures Trading Room – Overnight Overview of Halloween weekend

November 2, 2015

This is the alert I sent on Friday:

If SPY closes above 209,06 the following patterns will trigger:
LONG PATTERNS 187-197-198-352 (SEASONALITY)
 
If SPY closes below 209,06 the following patterns will trigger:
LONG PATTERNS 159-187-197-198-315 (SEASONALITY)
 
Whatever happens, I will enter LONG with a 25 ESmini points stop loss.

The wide stop loss helped surviving a really bad (over 10 points) of down movement first, but then market reversed back ending with a small profit of 2,66% and 3,8% on my two accounts and adding another night to strong Halloween bullish overnight seasonality.

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2 Comments
  1. bru wolers permalink

    don’t you mean if spy closes below 209.06 you will go short?……….bru

    Date: Mon, 2 Nov 2015 17:34:33 +0000 To: bru1722@msn.com

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    • Hello Bru, this was one of those rare situations that both above and below there were bullish patterns triggering. That’s why I went long.

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