Futures Trading Room – Overnight Overview of December the 18th 2015
This is the alert I sent last Friday:
If SPY closes below today’s open at 202,77 the following patterns will trigger:
LONG PATTERNS 47-95-192-199-253-254-259 (PRICE-VOLUME-SEASONALITY)
If that happens, I will enter LONG.
Note: If today’s gap down remains unfilled (today’s high lower than yesterday’s low), (it is December) we saw just 12 times in the past, just 1 loser night. 11 nights ended up.
It was “the perfect night”: good start, no big retracement, ending just something below the high of the night range. I closed the trade 2 minutes before the open with a big profit of 11,2% and 16% on my two accounts.
My SPY equity curve reached new highs, futures one shall do it soon.