Futures Trading Room – Overnight Overview of July the 28th 2016
Below is what I sent to subscribers:
If SPY closes below 216,52 but above 216,29 the following patterns will trigger:
LONG PATTERNS 70-100-101-103-107-158-164-197-198-296 (PRICE-VIX-SEASONALITY)
If SPY closes below 216,29 the following patterns will trigger:
LONG PATTERNS 70-103-107-164-173-197-198-296-339-411
In both situations, I will enter LONG.
Notes:
Stop Loss = 27 ES points
Take Profit = 15 ES points
ODDS MAP 2,05-71-76
Tonight the BOJ meeting results will come out. It could shake the markets up.
The rule above didn’t trigger and I stayed out. (SPY closed at 216.8)