S&P 500 Futures: Trading a Double Bottom After the First 30 Minutes
57 sec
57 sec
It took me over seven years to learn this strategy.
Let me teach it to you in 60 seconds. At 9:30 Eastern Standard Time every day, look at the S&P 500 futures and look for the major key areas of support and resistance.
Then go to a one-minute chart, wait exactly 30 minutes to see if the market has a big sell-off or push higher in one direction, and then at 10:00 AM Eastern Standard Time, which is technically 8 o'clock my time, look to see if it hits one of those support or resistance zones.
Look for something like a double bottom, and then once that double bottom starts to confirm that it's in by showing you a couple of bullish candlestick patterns, enter in long, put your stop loss below the double bottom, and then look for the market to move higher in your favor and capture a really nice swing to the upside.
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