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Wednesday 13 November 2013

Buy S&P Futures @ 1755- won

Buy S&P Futures @ 1755 for 30 minutes-1hour expiration if it stays above (10am EST expiration is preferred)
Stocks are oversold, dropped from 1766 & possible rebound @ 1755
Update:
Risk increased for S&P Futures
Minor resistance @ 1756.66 but possible to break above after the market opens

Result: won
S&P Futures expired @ 1762.15 at 10:00am EST (= 23:00 GMT+8)
Rebound was successful especially after the market opened @ 9:30am EST as it broke above minor resistance @ 1756.66 as expected


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