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Good morning everyone, I posted this update on the Trading Community regarding the systems. As you know we have an open short trade from the ES systems, the QE 3 Short, that triggered last week on Thursday for a 1st entry. Just an early FYI this system may close out of its short today should the market stay down at current levels or lower. I'll confirm late today of course and remember you can always check into the Trading Community as I post updates there.

Also just a quick note. Last week a couple folks commented that they don't trade ES/MES futures and therefore this system trade wasn't of any use to them. I disagree, you don't have to trade ES/MES futures, you can trade any SPX related instrument, in this case you could have shorted SPY ETF or bought the inverse ETF's such as SH, SDS etc. Trade what instrument fits you! I simply provide the trade signals entries and exits.

Also, I'm currently working on an exciting product, which would be a basket of ETF's with the systems, NOT just SPY and ES. Here's a post I made on that, realize it will take me some time to finish that perhaps a couple months, here's a link:

https://breakpointtrades.com/blog/post/370165/ 

The attachments show the ES shorts, and examples of that ETF basket I'm working on

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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