Good morning everyone, as you know the market is up nicely today. 

I discussed this yesterday already but as you know the 3 sub systems that went long the SPY, two of the took 2nd entries yesterday, the CCI Oversold and the QE BTS. The Trend/Pullback system did not take a second entry. However about 15 min after the market close yesterday I made the executive decision to take a 2nd entry for the website open trade. While it was too late to take the option trade (SPY options stop trading 15 min after the close) I elected to take the SSO ETF for the 2nd entry for the ETF portion. SSO and ETF's trade until 8 pm EST in after hrs so those of you who follow the system trades had plenty of time to take that trade nearly 4 hrs before the after hrs market closed. 

Anyway, with the market up nicely today on the bungie bounce, are any of the systems looking to exit yet? Not yet, as an FYI the minimum price that SPY needs to close over for one of these systems to exit is the 8 day SMA. Therefore you can use that as a visual guide. Some of these systems may exit on a close above the MA, while others may elect to hold longer if conditions set up. I'll keep you posted on what the 3 systems do and when they decide to exit. However the first area where some of them may look to exit is the 8 day SMA - which you can place on a daily chart as a general visual guide for yourself.

The attached image shows the systems  - QE BTS 2nd entry at the top left. The two Trend/Pullback systems at the bottom left, and the CCI oversold bottom right. 

Matt