Hello everyone and happy Friday (at least not for the market has it continues to selloff hard).

FYI heads up  will be some mean reversion system trades on SPY and MES futures

Here's the systems that are long: Trend/Pullback on both SPY and ES, and Strap on SPY -1st entries

We got lucky because these triggered yesterday! But I made the executive decision not to send them because I strongly thought we'd be lower

These are looking to take 2nd entries today - which is good for us because we avoided the 1st entry draw down - doesn't guarantee that an entry today will be a winner, but it's always good when you can enter much better prices than the systems

I have a couple options here: 1 wait until the close, or 2. enter some of the trades now since we are currently at much better prices than where the systems took those 1st entries yesterday. 

stay tuned....

Matt