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Hello everyone and happy Friday

As an early FYI - some of these SPY systems may be exiting their shorts today at the close, possible the ES system as well. As you know,  the systems took more short positions yesterday, including a new system via the Hi,Mid,Lo - nice entry so far

I'll let you know later today if these systems decide to exit. However at this very moment they are. 

Some additional things to consider especially if you are new. Our comprehensive newsletters are fantastic and we have called this market very well, calling for a bear market since early January. However our newsletters can be daunting at first because of the amount of material we cover. The nice thing about these mechanical systems is that there's no subjective to interpret. The systems are exact - we tell you when they enter a trade and when they exit, so you can just follow them. Also, since they are end of day, you don't have to constantly monitor the market, in fact you could work a busy day job and simply check end of day to see the systems took a trade or not. Furthermore, we are in a bear market and the systems tend to be better in bear market high vitality conditions. 

Anyway we are in a bear market and Steve and I started warning about a bear market last year and have been calling this market very well. It's going to be tough for the markets and for the economy for a long time. Stick with us at BPT to help you navigate this tough environment and hopefully make some money as well with the systems

Matt

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

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Edwardsville, Illinois 62025
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