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Futures Trading Room – Overnight Overview of May the 25th 2017

May 29, 2017

Here’s what I sent to subscribers:

If SPY closes above today’s open at 241,2 the following patterns will trigger:

LONG PATTERNS 197-198 (SEASONALITY)

SHORT PATTERNS 72-79-80-96-230-231-354-357 (PRICE-RSI)

If that happens, I will enter SHORT.

ODDS MAP   0,39 – 33 – 9

STOP LOSS = 31 ES points

TAKE PROFIT = none

NOTE:

Despite a couple of 2 bullish patterns, the ODDS MAP numbers with 8 bearish patterns is clearly bearish. That’t why I’m shorting this trade.

Just a 1 point gain through this bearish night.

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