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Good morning everyone, quick update on the systems.

As you know the SPY systems still have an open long trade from the QE BTS sub system September 30th - I thought with today's gap and go that this system trade might be closing out, however for now that does not look to be the case, with today's move the system trade is now nicely profitable.

another system I discussed last night is an RSI 2 system (which at this time I do not send out trade alerts for), that system went long at the same time as the QE BTS, this system however is going to exit at the close today.

So either stick with the system as is, or if you feel like locking in some profits one option is to sell 1/2 and then keep the other half, your choice of course

Matt

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

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