The S&P futures are currently overbought and the short term pattern is bearish if the S&P futures gap open above Fridays high 896. Above you will find the performance results of the current pattern based on 1 contract trades since 1982.
If Open > 896 then SS @ open
Exit 1st profitable open or 2% stop loss
Out of the 2 short term trades that have hit since we started this blog, we lost17 pts on November 18th, but made 52 pts on the win from October 28th Net, the short term system is up 32pts in 2 trades.
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