Trading Plan: Looking at the Cash Market Close Price for Entry levels

On the FDAX that closes on 11.30 am eastern time
its important to look at the lowest price around that
time to get solid entry levels for the next trading day.

If the price is too far away at 7 am from the S&P closing price
its likely that a long trend on the fdax will pause and continue after 9.30 am
So 3 things to watch

• Short the FDAX in the 7-9 am timeframe if we already have a short trend going on and the S&P is overbought
• Long the FDAX in the 7-9 am timeframe if we already have a long trend going on and the S&P is oversold
• Flat if S&P is already near the closing price.