Good afternoon everyone. Market rallied off those afternoon lows. At the moment the ES QE BTS is not exiting but remember ES does not close until 5 pm so I'll confirm that on the Trading Community blog at that time. 

For SPY price rallied too much off the lows for the systems to exit. That said we have quite a few Put options, so I'm electing to close out one of the 3rd entry options from the SPY QE BTS for a small profit, it's trading at 17.8 in after hrs here.

remember SPY options trade until 15 min after the cash market close

remember overall Steve and I do favor another up move in the market so keep that in mind. The systems are mutually exclusive to our market analysis however

Matt