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Hello every, as you know the market had a nice snap back rally today. 

So a couple things

1. The SPY system, which took a trade yesterday DID not close out, but it got close to doing so. I know some of you decided to take some off the table to lock in some gains. These 100 point moves are extreme so why not.

2. The McClellan Oscillator Bollinger Band systems, which went long yesterday for the SPX and IWM both closed out today. See image, and also here's the stats for the systems on the 4 major indexes.

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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