Hello everyone, as I posted on the Trading Community, with the move down down in the SPX one of the SPY sub systems, the QE BTS, is meeting a trigger condition to take a 1st entry. What matters however is the close. This is just an early warning notification to be on the lookout later today. As always it's best to check the Trading Community at the close for confirmation

As far as the market, last night I discussed how the SPX exhibited bear flags on it's intra day time frames such as 60 min and 15 min, that's obviously playing out today.

Matt