Good afternoon everyone as you know the market has had a nice really the last two days. Anyway, as I alerted you earlier today, bot the SPY and ES systems are taking a 1st entry short at the close via the QE 3 Short sub system.  For the SPY system for the website we'll add the trade as $10K of the SH ETF and 1 SPY Put option with a 428 strike price expiring on July 15th. 

For the ES system - we show the trade as short 1 MES futures contract. The ES closes at 5 pm ES on Friday, so the prices I show on our trade tables will be the close price at that time.  Remember that ES does NOT reopen at 6 pm on Friday like it does during the week.

enjoy the rest of your Friday and have a great 3 day Memorial weekend!


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

3309 Drysdale Court
Edwardsville, Illinois 62025