This is an alert about BPT Mechanical Systems:
The MESU26 futures Trend/Pullback system exited as I stated it would earlier, locking in an $1100 gain. The Pullback long system is still open
and of course both Trend/Pullback systems on SPY
That said, the RSI 40 system is long that we didn't take - I suppose a couple other options would be you could consider just holding the contracts until the RSI 40 closes or only sell one of the contracts and hold the other.
That said the SPX and QQQ have a coil like pattern, if so, we could see a pullback inside the coil (higher low but still some sort of pullback soon) so consider that too. Ultimately I am looking for new highs in the market in July as I've been VERY clear about that
Matt
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