Good morning everyone, I already notified our paid subscribers earlier this morning, the remaining SPY Trend/Pullback system open long position from last Monday closed out this morning intra day for a nice trade; the trade was taken last Monday July 19th. There's two versions of this sub system, one closed out last week and the final one today.
Out of the 22 SPY sub systems all of them are now back in cash and waiting for the next high probability statistical trade opportunity. These are reversion to mean systems, not trend following positions, therefore do not infer today's exit as a general sell or short signal on the market. The best way to think about it, the system saw a trade opportunity last week, took it, the trade played out, and the system closed out - kind of like a tiger, it got the kill, and is back in the bushes hiding and waiting for the next prey (market statistical opportunity to occur. All the KISS trend systems for example are still long with DVT trailing stops.
enjoy the rest of your day.
Matt