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Thursday 19 December 2013

Sell S&P Futures @ 1780- 3 wins

Previous Analysis & Signals to watch:
S&P Futures resistance remains @ 1780 as it broke slightly above it but quickly dropped further below to 1776
Look to sell S&P Futures @ 1780 if it stays below & drops further again, for 30 minutes expiration or less

Trading risk increased today because of FOMC statement & press conference later at 2pm & 2:30pm EST
Trade with extra caution today

Result: Sell S&P Futures @ 1780- 3 wins
Sell S&P Futures slightly lower than 1780 (around 1778) as it failed @ 1778.65 & dropped sharply to 1775.45
It also dropped again from 1778.45 a few more times & confirmed that it couldn't go higher to even reach 1780 anymore

S&P Futures dropped further to expire @ 1776.15 at 10am EST, 1777 at 10:30am EST & 1776.45 at 11am EST
(Time shown in chart is EST+13hours)


2 comments:

  1. 30 minutes expiration or less, your choice
    You'd win using any expiration as long as it's not more than 30 minutes

    Our Binary Options free trading signals are mostly for 30 minutes expiration unless stated otherwise
    We usually state "less" if we suspect that the market will be moving faster
    In this case, it dropped very fast then went back up 2 more times & dropped again

    ReplyDelete