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