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Good afternoon everyone. First off the Bear long systems are still looking to take that additional entry

However for the ES systems, they entered a awesome short trade on Friday at 3916, currently ES is 3826 so we have a greater than 90 point gain on this short! 

The system that went short has met its minimum reversion to mean target (which was a close below the 5 SMA), however the system is going to continue holding. However because the system has met its minimum target I'm going to close out 1/2 of the trade now and keep the rest until the system officially closes out. If you only shorted 1 ES or MES contract you can't divide that, but if you shorted more than 1 contract or instead you bought inverse ETF's  then you can consider closing 1/2 of those shares

Matt

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

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