This thread is just to publicly evaluate a set-up I have been working on. comments appreciated.
I will call it the '2 std devs and a divergence' set-up.
Concept: If S&P futures move 2 standard deviations in a direct move (without a decent correction) AND form a momentum divergence (using LBR's 3/10 oscillator) -- then fade the move for a SCALP targeting roughly 1 deviation.
1st example from Tuesday Jan 8:
