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Tuesday 24 December 2013

Buy S&P Futures @ 1823- 2 wins, Sell S&P Futures @ 1824- 1 win

Previous signals:
Buy S&P Futures @ 1820-1823 if it stays above & goes higher
Sell S&P Futures @ 1824 if it stays below & drops further
Sell S&P 500 @ 1830 if it stays below & drops further

Results:
Buy S&P Futures @ 1823- 2 wins
S&P Futures expired @ 1823.65 at 9am EST & 1824.45 at 10am EST
(Time shown in S&P Futures chart is EST+13hours)

Sell S&P Futures @ 1824- 1 win
S&P Futures expired @ 1823.45 at 9:30am EST


Sell S&P 500 @ 1830- invalid
S&P 500 broke above 1830 at 9:38am EST, signal became invalid as it did not stay below
We also mentioned earlier that the stock market became stronger after better than expected economic news, therefore not really safe to sell even after it dropped back


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