Previous signals to watch:
S&P Futures dropped to 1834.65 & rebounded @ 1835, broke above 1840 only for a few minutes but failed to stay above & dropped to rebound strongly @ 1836
Look to buy S&P Futures @ 1835 or 1836 (S&P 500 @ 1839 or 1840) if it stays above & goes higher
Look to sell S&P Futures @ 1840 (S&P 500 @ 1844) if it stays below & drops further, buy S&P Futures @ 1840 (S&P 500 @ 1844) if it stays above & goes higher
Look to sell S&P Futures @ 1845 (S&P 500 @ 1850) stronger resistance if it stays below & drops further
All for 30 minutes expiration or less
Update: Stock Futures weakened & dropped further after worse than expected Unemployment Claims, trading risk increased for buying as it's weak for now & might break below supports
Result: buy S&P Futures @ 1836- win at higher risk
S&P Futures weakened after worse than expected Unemployment Claims & couldn't go higher than 1838, therefore signals above 1838 are invalid as targets couldn't be reached
However, it still managed to barely stay above 1836 before the market opened
Although it's not really safe to trade, it's still possible to win before it breaks below
Trade at higher risk for S&P Futures to expire @ 1836.45 at 9:30am EST
(Time shown in chart is EST+13hours)
Stop trading when S&P Futures dropped straight below 1836 & even 1835 after market opened
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