Sell S&P Futures @ 1780- win, Buy S&P 500 @ 1770- invalid

Previous signals:
S&P Futures jumped to 1788 on Friday but dropped again, showing that it's still unstable, next resistance @ 1780
Look to sell S&P Futures @ 1780 or 1790 if it stays below & drops further, for 30 minutes expiration
Risk: 1780 is just a temporary resistance & can be broken easily

Also watch S&P 500 around 1770 or slightly higher for rebound (no strong support found yet)
Look to buy S&P 500 @ 1770 if it stays above & goes higher, for 30 minutes & end of day expiration
S&P 500 should stay above 1770 or risk dropping even further

Look to buy S&P 500 @ 1780 at higher risk if it stays above & goes higher, for 30 minutes expiration

Update:
Economic data worse than expected, not quite safe to buy anymore, buying will be at a higher risk

Results: Sell S&P Futures @ 1780- win
Buy S&P 500 @ 1770 or 1780- invalid
S&P Futures dropped from 1780 & even further to expire @ 1761.51 at 10am EST

S&P 500 dropped below 1780, 1770 & even further therefore signals to buy are invalid

Sell S&P 500 @ 1790- invalid/ lost

Look to sell S&P 500 @ 1790 if it stays below & drops further, for 30 minutes expiration

Result: invalid/lost
S&P 500 only stayed below 1790 for a while (wait for S&P 500 to reach 1790 again) but did not drop further anymore & broke above 1790 later
Sell S&P 500 @ 1790 became invalid

Sell S&P Futures @ 1842- win at higher risk

Previous signal to watch:
Look to sell S&P Futures @ 1842 or 1840 (higher risk) if it stays below & drops further, for 30 minutes expiration

S&P Futures built strong resistance @ 1842 & dropped, it also dropped from 1840 which is a 2nd possible resistance, sell if it reaches 1842 & drop again or sell @ 1840 at higher risk if it stays below & drops further

Result: Sell S&P Futures @ 1842- win at higher risk
S&P Futures went higher & reached 1843 before the stock market opened but couldn't go higher & dropped further below 1842 & 1840 later

Sell S&P Futures @ 1842 or 1840 as it dropped further to expire @ 1835.95 at 10:30am EST
(Time shown in chart is EST+13 hours)
It also continued to drop even further later

Overview of S&P Futures shows that S&P Futures mostly stayed below 1842 for the day
It tried to stay above 1842 after slightly breaking above but the resistance was strong enough to push it down further below to 1827-1828

Sell S&P Futures @ 1840- win

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

Buy S&P Futures @ 1830- win, Sell S&P Futures @ 1830- win

Previous Analysis & Trading Signals to watch:
S&P Futures support @ 1823, resistance @ 1830
Look to buy S&P Futures @ 1823 if it stays above & goes higher

Look to sell S&P Futures @ 1830 if it stays below & drops further, especially if economic news is worse than expected
Look to buy S&P Futures @ 1830 if it stays above & goes higher, especially if economic news is better than expected
Most important economic news will be ISM Non-Manufacturing PMI, which might be the turning point

Risk: 1830 might be tested several times during economic news before the market stabilizes
All for 30 minutes expiration

Update:
Stronger resistance @ 1832-1834
Sell S&P Futures @ 1832 if it stays below & drops further, for less than 30 minutes expiration

Results: Buy S&P Futures @ 1830- win, Sell S&P Futures @ 1830- win
Buy S&P Futures @ 1830 as it stayed above & went higher for it to expire @ 1832.15 at 9:30am EST
(Time shown in chart is EST+13hours)
Sell S&P Futures @ 1830 after it dropped below & further for it to expire @ 1826.45 at 10:00am EST

S&P Futures also dropped further below 1823 after worse than expected economic news, making signal "buy S&P Futures @ 1823" invalid as support is broken
Sell S&P Futures @ 1832 also invalid as it couldn't be reached again anymore

Buy S&P Futures @ 1832- invalid, Buy S&P 500 @ 1836- 1 win, 1 loss

Previous Analysis & Signals to watch:
S&P Futures dropped to its lowest point today @ 1820.65 but might be oversold as it rebounded strongly
Possible support @ 1820, 2nd weaker support @ 1823 although already broken, no solid support found
Highest point @ 1832 before market opens, tried to stay above 1830 but failed & dropped further
S&P Futures built small support @ 1828.45 & jumped back up to 1832 after market opened, showing that it wants to go higher today
But it's staying below 1832 & building resistance for now
Buy S&P Futures @ 1832 if it breaks above & goes higher, for less than 30 minutes expiration
Risk: It might fail to stay above

S&P Futures testing 1830 (S&P 500 @ 1836) & 1832
Buy S&P 500 @ 1836 if it stays above & goes higher, for 30 minutes expiration

Update:
S&P Futures failed to stay above 1832, wait for it to stay above 1830 or 1832 & go higher before buying
1830 (S&P 500 @ 1836) support also at risk, not safe to trade for now, unless it reverses current downtrend, stays above & goes higher

Results:
Buy S&P Futures @ 1832- invalid
S&P Futures broke above but failed to stay above 1832, signal became invalid

Buy S&P 500 @ 1836- 1 win, 1 loss
Signal updated as not safe to trade, too much resistance
Trade at higher risk as S&P 500 expired @ 1836.51 at 10:30am EST, which is barely a win
S&P 500 then expired @ 1836.06 at 11am EST, which is barely above 1836 but slightly lower than previous low, resulting in a loss
S&P 500's 1836 is also broken below before 11am EST, signaling a further drop later

Buy S&P Futures @ 1836- win at higher risk

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

Buy S&P 500 @ 1844- 2 wins, sell S&P 500 @ 1844- 1 win

Previous signals to watch:
S&P Futures broke above resistance & went higher, showing a lot of strength but went up too high too early again
S&P 500 new resistance @ 1844 but it might be able to go even higher if economic news especially Consumer Confidence are better than expected

Look to buy S&P 500 @ 1844 if it breaks above & goes higher, for 30 minutes expiration, sell @ 1844 if it fails & drops further
If it fails, S&P 500 might drop back to test 1840 again
Look to buy S&P 500 around 1839 or 1840 (support not confirmed yet for today) if it rebounds, stays above & goes higher, for 30 minutes expiration, especially if economic news are better than expected & the market goes up after that

Today's the end of the year 2013 & trading will be at a higher risk as stocks might also drop instead of going higher due to profit taking

Updates:
New possible resistance @ S&P Futures' 1840 (S&P 500 around 1845.5)
S&P Futures found small support @ 1839 (S&P 500 around 1844.5) & is trying to stay above 1840 (S&P 500 around 1845.5) & go even higher

Results: Buy S&P 500 @ 1844- 2 wins, sell S&P 500 @ 1844- 1 win
Buy S&P 500 @ 1844 as it broke above 1844 & went higher at 10am EST after Consumer Confidence was better than expected & expired @ 1844.99 at 10:30am EST

S&P 500 stayed below 1845.5 for around an hour then broke above & jumped to 1848.55 but slowly dropped back as it was too high
After it dropped below 1844, sell S&P 500 @ 1844 as it expired @ 1843.58 at 3pm EST

S&P 500 managed to stay above 1842 & rebound to go higher, but safer supports were at 1839 or 1840 & wasn't reached
Buy S&P 500 @ 1844 after it broke above 1844 again at 3:30pm EST & went higher to expire @ 1848.36 at 4pm EST

Buy S&P 500 @ 1840- 4 wins at higher risk

Previous Analysis & Signals to watch:
The stock market continues to be unstable as stocks drop, trading will be at a higher risk
Watch if S&P 500 can stay above support @ 1840 & break above 1842 to go higher
Economic news @ 10am EST might be the deciding factor
High risk:
Look to buy S&P 500 @ 1840 if it stays above & goes higher, especially if economic news is better than expected & the market goes up after that

Update:
S&P 500 support @ 1840 broken, S&P Futures possible support @ 1835.45 & 1835.0 also broken
Economic news worse than expected although better than previous, stocks should be quite weak today
Buy S&P 500 @ 1840 became invalid & not safe to trade

Results: invalid / 4 wins at higher risk
Although signal became invalid & not safe to trade after it broke below support, it's still possible to win trading at higher risk after it broke & stayed above 1840 later
After update, S&P 500 dropped to 1839, which confirms that it's not safe to trade
Then it rebounded & went up above 1840 again, but also dropped below 1840 several times
However, it's still possible to win trading at higher risk even though it's not in the best market conditions

Buy S&P 500 @ 1840 after it stayed above & went higher, for 30 minutes expiration
S&P 500 expired @ 1840.85 at 11:30am EST, 1840.57 at 12pm EST, 1840.47 at 2:30pm EST, 1841.07 at 4pm EST

Trading signals to watch results: 6 wins

Previous analysis & signals to watch:
Look to buy S&P 500 @ 1840 & 1842 (S&P Futures around 1834 & 1836) if it breaks above & goes higher, for 30 minutes expiration
Look to buy S&P Futures @ 1834 for end of day expiration (High risk speculative signal as it's not confirmed if it can stay above yet)
1842 was yesterday's resistance but is slightly broken, making it possibly easier to break above & go higher today
Resistance remains as S&P Futures dropped below 1836 after the market closed & looks weak for now
Look to sell S&P Futures @ 1836 if it stays below & drops further, for 30 minutes or less expiration
It might be safer not to sell near or after the stock market opens at 9:30am EST as it often goes up after that

Update:

S&P Futures broke above 1836 even before the market opened, which was too soon
Most stocks dropped after the market opened as they're too high
S&P Futures built strong resistance @ 1839 & dropped sharply to 1834, S&P 500 also broke slightly below possible support @ 1840
It will be much more difficult for stocks to go higher today

Trading risk increased, market is bearish for now without any strong supports, avoid trading for now to be safer, unless it rebounds strongly & goes higher

Results:
Sell S&P Futures @ 1836- 2 wins
S&P Futures first stayed below 1836 for a while & dropped further to expire @ 1835.15 at 7am EST & 1835.65 at 7:30am EST
(Time shown in all S&P Futures charts are EST+13hours)

Buy S&P Futures @ 1836- 1 win
Stop selling & switch to buy S&P Futures @ 1836 after it broke above resistance & went higher to expire around 1837.45 at 8am EST

Buy S&P Futures @ 1834- 1 win
S&P Futures broke above 1836 even before the stock market opened & was overbought earlier than expected
After market opened, it started to build resistance @ 1839 then dropped sharply to around 1834 (1834.65 lowest point)
Wait for it to rebound strongly & go higher
S&P Futures expired @ 1837.45 at 11:30am EST

Buy S&P Futures @ 1834 for end of day expiration- 1 win
S&P Futures also stayed above 1834 for the rest of the day & went higher to expire @ 1836.65 at the end of the day (4pm EST)

Buy S&P 500 @ 1840- 1 win
The stock market was overbought even before it opened, earlier than we expected
We expected S&P 500 to retest 1840 support & 1842 resistance only after the market opened
But it broke above resistance too early then corrected itself by dropping back to the range of 1840-1842
However, it also lost momentum & was unable to break above 1842 anymore

S&P 500 built resistance @ 1844 & dropped sharply to 1840, even breaking slightly below 1840
Avoid trading when it continued to be in a downtrend, wait for it to rebound strongly & go higher
S&P 500 rebounded & went higher later to expire @ 1841.59 at 11:30am EST

Buy S&P 500 @ 1842- invalid
1842 then stayed as resistance as S&P 500 couldn't stay above it properly & kept dropping below therefore signal is invalid

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

Buy S&P Futures @ 1819-1820- 2 wins

Previous Analysis & Signals to watch:
Stocks are still trying to go higher despite being too high
Market sentiment is positive & economic news is expected to be better

S&P Futures opened @ 1819 & built support @ 1819.15, 1819.65 & 1820.45
It might drop back to test 1819, but is currently staying above 1820
Possible resistance @ 1823 (1822.65) but might just be temporary

Look to buy S&P Futures @ 1819-1820 or higher if it stays above & goes higher, for 30 minutes expiration

Update:
US economic data were only in line with expectations, personal income slightly worse than expected
Stocks should pullback for now
S&P Futures building more resistance @ 1823.65

Results:
Buy S&P Futures @ 1819-1820- 2 wins
Support @ 1820.45 broken, stronger support @ 1819.65 confirmed as it did not drop further below
S&P Futures dropped to 1819.65 & rebounded to expire @ 1820.95 at 10:30pm EST
(Time shown in charts are EST+13hours)

S&P Futures dropped to 1819.65 & rebounded again to expire @ 1821.15 at 2:30pm EST

Buy/Sell S&P 500 @ 1810, 1813- 6 wins

Previous analysis & signals to watch:
Although S&P 500's 1810 still remains as a resistance as S&P 500 failed to stay above 1810 & closed @ 1809.60,
S&P 500 is getting stronger & will try to break & stay above 1810 again

Watch S&P 500 @ 1810 & 1813 to see if it's strong enough to break & stay above 1810 today, next possible resistance @ 1813 which was the highest point reached before, but will also be at risk as S&P 500 is trying to go higher

Look to buy S&P 500 @ 1810 or 1813 (or S&P Futures' 1804, 1807) if it breaks & stays above 1810, going higher
We expect S&P 500 to break above 1810 & even 1813 today, reaching a new all-time high, but it'll depend on strong market movement
However, we still have to cover other possibilities in case S&P 500 is weaker than expected

Look to sell @ 1810 or 1813 (high risk, resistances might be broken later, use shorter expiration of 5-15 minutes) if it's weaker, stays below & drops further
Look to buy S&P 500 @ 1800 or higher if it drops near 1800, rebounds & goes higher
S&P 500 dropped to 1801.59 & rebounded higher yesterday

All for 30 minutes expiration except sell @ 1810, 1813- 5-15 minutes expiration

Results:
S&P 500/Futures was weaker before the market opened so we'll trade S&P Futures instead as S&P 500 was not available before 9:30am EST
S&P 500's 1810, 1813= S&P Futures' 1804, 1807 as stated

Sell S&P 500 @ 1810= S&P Futures @ 1804 if it drops further- 1 win
S&P Futures dropped further from 1804 (S&P 500's 1810) to expire @ 1802.95 at 7:30am EST, staying below all the time between 5-15 minutes
(Time shown in S&P Futures charts are EST+13 hours)

S&P Futures quickly rebounded back up to break above 1804
Buy S&P 500 @ 1810= S&P Futures' 1804 if it stays above & goes higher- 1 win
S&P Futures broke above 1804 & went higher to expire @ 1806 at 9am EST, helped by better than expected economic data

More possible wins trading slightly lower/higher than target prices at higher risk
Sell S&P 500 @ 1813= S&P Futures @ 1807 if it stays below & drops further- 1 win at higher risk
Sell S&P Futures slightly below 1807 (highest point @ 1806.45, sell slightly lower) as it stayed below & dropped to expire @ 1805.65 at 8:50am EST, also staying below between 5-15 minutes
Buy S&P 500 @ 1810= S&P Futures' 1804 if it stays above & goes higher- 1 win at higher risk
Buy S&P Futures slightly above 1804 (lowest point @ 1804.65, buy slightly higher) as it stayed above & went higher to expire @ 1811.15 at 10am EST

S&P 500 became stronger when the market opened & broke above 1810 & even 1813 as we expected, breaking records & reaching a new all-time high
Buy S&P 500 @ 1810, 1813- 2 wins
S&P 500 broke above 1810 & 1813 & went higher to expire @ 1817.03 at 10am EST
S&P 500 also continued to go higher for the rest of the day, reaching record highs before finding resistance @ 1824 & dropped due to profit taking at the end of the day
Watch S&P 500's resistance @ 1824 on Monday, sell S&P 500 @ 1824 if it still fails to break above & drops further

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)

Sell S&P Futures @ 1780- 1 win, Sell S&P Futures @ 1783-1 win

Previous analysis & signals to watch:
S&P Futures hit 1780 when stock market closed at 4pm EST yesterday
It tried to stay above several times today but failed

Watch S&P Futures @ 1780 as it'll try to break & stay above again
Stronger resistance @ 1783 yesterday, which was S&P 500's 1790 yesterday
Highest point reached yesterday was 1785 (S&P 500's 1792)
No strong resistance confirmed for today yet

Fed's meeting today & tomorrow, with FOMC statement tomorrow, the market should be cautious not to go too high
But the market is still trying to go higher without strong supports, wait for it to fail & drop further below before selling

Results: 
Sell S&P Futures @ 1780- 1 win (4 more at higher risk)
Sell S&P Futures @ 1783- 1 win

Resistance 1783 confirmed after S&P Futures failed to go higher above 1783 as it dropped further below 1783 to expire @ 1781 at 9am EST (Time shown in charts are EST+13hours)
Resistance 1780 confirmed as S&P Futures also dropped below 1780 & expired @ 1777.65 at 10am EST

4 more possible wins selling at higher risk below 1780 (below 1779 & 1778) after it dropped further below as it couldn't even reach 1780 anymore later

Sell S&P Futures @ 1780- 1 win

Previous Analysis & Signals to watch:
S&P Futures dropped from 1775 to 1758 & rebounded up to 1780 & dropped before economic news 1780 current resistance & possible turning point after economic news
1780 was also Friday's resistance & 20 points above 1758 which is too high
Look to sell S&P Futures @ 1780 if it stays below & drops further, for less than 30 minutes expiration

Results: Sell S&P Futures @ 1780: 1 win
S&P Futures reached its highest @ 1779.15 twice, staying slightly below 1780 & dropped further to expire @ 1778.35 at 9am EST (Time shown in chart is EST+13hours)
After it rebounded strongly at market opening 9:30am EST & went higher above 1780, it's not safe to trade it anymore

S&P Futures dropped from 1775 to 1758 & rebounded up to 1780 & dropped before economic news
1780 current resistance & possible turning point after economic news
1780 was also Friday's resistance & 20 points above 1758 which is too high

Look to sell S&P Futures @ 1780 if it stays below & drops further, for less than 30 minutes expiration - See more at: http://freebinaryoptionstradingsignals.blogspot.com/#sthash.GyAO4TcY.dpuf

Buy FB @ 52.0- 2 wins

Previous signals to watch: (Posted yesterday)
Facebook found support @ 51.0 & also went higher to reach 52.0 later but found resistance @ 52.0 as it was too high for today & closed @ 51.83
Watch FB @ 51.0 & 52.0 tomorrow again, look to buy @ 51.0 support if it stays above & goes higher, sell @ 52.0 resistance if it stays below & drops further
It's also possible for FB to break above resistance tomorrow, look to buy @ 52.0 if it breaks above, stays above & goes higher

Results: Buy FB @ 52.0- 2 wins
Facebook continued to have strong momentum & went higher to break & stay above 52.0 resistance
Facebook expired @ 52.19 at 10:30am EST & 52.585 at 11am EST
There were also more possible wins buying at higher prices as FB continued to go higher almost every 30 minutes to close @ 53.32

Sell S&P 500 @ 1810- 5 wins

Previous signals:
Trading Signals to watch on Monday:
Look to buy S&P 500 @ 1800 or higher if it stays above & goes higher
Look to sell S&P 500 @ 1806 or 1810 (next possible & stronger resistance) if it stays below & drops more
All for 30 minutes expiration

Results: Sell S&P 500 @ 1810- 5 wins
Although S&P 500 was too high above 1800 & 1810 was broken, you could still sell @ 1810 at a higher risk as it couldn't really stay above 1810
It would also be safer to sell S&P 500 @ 1810 after it fails to stay above & drops more below 1810

Sell S&P 500 @ 1810 for it to expire @
1807.81 at 10:30am EST
1808.87 at 12:30pm
1808.53 at 2:30pm
1808.57 at 3pm
1807.12 at 3:30pm

S&P Futures signals results- 3 wins, 1 loss

Previous signals to watch:
S&P Futures support @ 1805, 1806.65, resistance @ 1808.5, next possible resistance @ 1810
S&P Futures is trying to break above 1810 & go higher, selling will be riskier but still possible to win if resistance is strong
Look to buy at supports if it stays above & go higher, sell at resistances if it fails & drops further
All for 30 minutes expiration or less

Results: 3 wins, 1 loss (4 wins if using less than 30 minutes expiration)
Sell S&P Futures @ 1808.5 for it to drop & expire @ 1807.65 at 9am EST (Time shown is EST+13hours)
After 1808.5 was broken above later, we shouldn't trade it anymore as it's just a temporary resistance

Sell S&P Futures @ 1810 for it to drop to 1807.45 at 9:45am EST for less than 30 minutes expiration (5-15 minutes)
But a 30 minutes expiration would let it reverse & go higher to expire @ 1811 at 10am EST & result in a loss due to volatility generated by the market opening at 9:30am EST as we mentioned earlier that "S&P Futures is trying to break above 1810 & go higher"

After 1810 was broken above, it wouldn't be safe to trade it anymore but you could still win 1 more time at a higher risk
Sell S&P Futures @ 1810 for it to drop & expire @ 1806.65 at 10:30am EST
Buy S&P Futures @ 1806.65 for it to rebound & expire @ 1808.65 at 11am EST

Market pattern to watch- invalid

Market pattern to watch:
If S&P 500 stays around 1800 for a period of time, then starts dropping below after that, it might drop even further, sell S&P 500 for 30 minutes expiration or more

(S&P 500 stayed around 1800 from 10-11am EST on Tuesday & Wednesday then dropped sharply after that)
Risk: Market patterns can change anytime

Result: invalid
S&P 500 dropped even before 11am EST but failed to drop further, then rebounded & went higher instead after 11am EST, therefore pattern was broken & invalid as the market was stronger today