Monday, October 17, 2016

SPX - one bar to rule them all

This can go either way pending the finish of this last bar.  Right now the orange line is barely on top (bullish for open tomorrow)

If it ends up this way, I won't play it.  There's too much otherwise bearishness.

So, I hope it finishes bearish for tomorrow, so I'll know what to do.


  1. I use a different setting for the second line. My set-up is calling for a bullish open also. That of course can change quickly after the open...

  2. The system calls another open, that's 3 in a row.