S&P a short term buy

The current price pattern in the S&P, spike in VIX and spike in the long bond set up a short term bullish scenario for the S&P if tomorrow January 13th the S&P futures open below todays close of 868. This pattern has occurred 36 times and 35 of the trades have been wins when using the below entry and exit criteria.

FYI our intermediate term S&P model and NDX model are long at higher prices from Jan 8th and Jan 9th so this short term pattern is a nice confirmation trade while those models are in a drawdown.

If Open is less than 868 then Buy @ open
Exit 1st profitable open or 2% stop loss

Below are the performance results of the current short term S&P setup based on 1 big contract trades since 1982. (click image to enlage)