Good morning and happy Friday. An early heads up:  unless the market rallies hard after Powell the open bear long systems for SPY and ES will close out today as at the moment they are meeting exit conditions.  The only way this will go away is on a hard enough rally to cause the momo indicator to turn back green.  I'll follow up later today to confirm if the systems are exiting or holding.  

Yesterday the Strap systems closed out for both SPY and ES, while the Bear long systems held.  The previous bear market long trade can be seen on the far right that captured a monster trade from July 13th to Aug 22nd. 

Matt