Hello Everyone and happy Thursday. As you know the market down strongly today as yesterday's bounce was some sort of wave 4 bounce (discussed in the newsletter last night).

As far as the reversion to mean systems, we may be seeing a 2nd entry long today on the Bear Long sub system for both ES and SPY. Currently I don't think we'll be seeing any of the other sub systems trigger at this time. Too bad because the systems almost exited yesterday (discussed last night)

anyway this is an early notification for you to check the Trading Community Blog late in the day for my confirmation of the 2nd entries. The 2nd entries will entail purchase of the SSO ETF and 2 SPY call options.

Matt