Previous signal to watch:
Most economic news & earnings are mixed again, but S&P Futures showed that it was able to break above 1840 earlier
Look to sell S&P Futures @ 1840 if it stays below & drops further, for 30 minutes expiration
Risk: S&P Futures can break above 1840 later
Result: Sell S&P Futures @ 1840- win
S&P Futures broke slightly above 1840 but dropped back further below to expire @ 1838.45 at 1am EST
(Time shown in chart is EST+13hours)
S&P Futures stayed below 1840 most of the time & even dropped to 1830 after reaching 1840, rebounded @ 1830 but not safe to buy as S&P Futures is too weak & it was near end of the day
No comments:
Post a Comment