Hello everyone and happy Thursday, though not for the market, which has sold off strongly thus far. 

Update and early heads up on the SPY and ES reversion to mean systems:

As you know the systems have been in cash for SPY and ES - nice exits on their longs last week instead of holding obviously.

Today I don't see anything triggering on ES/MES. On SPY earlier I saw the QE BTS system showing a a trigger, it's now gone with the slight bounce off the lows, but obviously will come back if price moves down again. On the first image this is the one in the middle left where you see the arrow. 

anyway just an early heads up that we could possibly see a trade on one of the systems today, I'll confirm later on.

On a side note I'm working on adding these 22 systems to a basket of 10 ETF's, once done that will be one hell of a product, so instead of only receiving trade signals on SPY and ES, I will be giving trade signals for a basket of ETF's such as SPY, QQQ, IWM, DIA, TLT, XLP, EFA, XLE, XME, USO etc. It's a huge project and a LOT of work, it will take me some time to complete it.

Matt