Hello everyone, earlier today I let you know that the Trend/Pullback to the ES systems was exiting today at the close for ES at 5 pm EST, which is 1hr later than the SPX cash market at 4 pm EST. 

However, another one of the systems went long, the Breakout sub system. This system isn't reversion to mean, it buys overbought breakout conditions as the name suggests. See attached images, the 1st chart shows the Trend/Pullback system which closed out of a VERY nice trade today from the long entry last Monday. The 2nd image shows the ES breakout system, which took a new long today. Remember all these sub systems do their own thing, they are all their own individual systems. 

We also use the same Breakout system for SPY, however it did NOT trigger today. It's possible that the Breakout system for the SPY may trigger another day  over the next week. 

Realize that the market has had a quite a rally off last week's lows, with 4 strong up days in a row, thus you can decide if you wish to follow this ES trade or try and get better prices on a pullback as the market is quite extended short term now. The Breakout system has 2 possible entries and should price pullback it will take a 2nd entry. 

Matt