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Futures Trading Room – Overnight Overview of April the 28th 2016

May 3, 2016

This is the alert I sent to subscribers:

If SPY closes below yesterday’s close at 209,35 the following patterns will trigger:

LONG PATTERNS: 101-104-164-197-198-283-293-296-297-334-390 (PRICE-VIX)
If that happens I will enter LONG.
NOTES: Calendary seasonality is extremely bullish: 5 out of 5 past instances were long winning nights.
With 11 long patterns, ODDS MAP numbers are highly strong too.
Stop Loss = 27 ES points
This was one of those boring losing nights: I closed the trade with 7,5 Emini points loss.

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