Bearish setup for the S&P

Our short term model will get short the S&P tomorrow January 28th if the S&P opens above 1297, then falls 1.5 pts below the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

Rules

If the open is greater than 1297 then Sell Short at open – 1.5 pts

Exit 1st profitable open or 2% stop loss

Out of the 14 short term trades that have hit since we started this blog, we made money on 11 out of 14 trades for a total gain of 154.4 S&P pts. We made 2.9pts from the December 13th short , made 27pts from the May 21st long, made 6.9 pts from the March 12^th short, made 6.2 pts from the September 2nd long, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th,made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts onNovember 18th, and made 52 pts on the win from October 28th