Futures Trading Room – Overnight Overview of December the 22th 2016
This is what I sent to subscribers:
The following patterns are triggering:
LONG PATTERNS: 47-95-129-192 (PRICE-VOLUME-SEASONALITY)
ODDS MAP: 2,2 – 66 – 228
Notes:
Calendary seasonality is again very strong tonight. That’s why I’m entering LONG despite few patterns triggering.
Two gaps down with the last open below yesterday’s low, in December, between 21st and 31st, only happened 3 times:
all of them were BULLISH nights.
Stop loss = 27 ES points
Take Profit = 12,5 ES points
I had a small loss with futures, but the SPY opened slightly higher. Sometimes it happens that the etf is not aligned with the futures performances.