Hello everyone, regarding the open SPY and ES reversion to mean systems:  Bear Long, Strap, and QE 3.2 are all going to exit today at the close. Remember ES/MES closing bar is not at the cash market time but at 5 pm EST instead. 

With the strong rally this has most of the systems to be in the black because of the 2nd or 3rd entries. the SPY bear long especially is nicely profitable. 

The systems are all exiting at the close. If you wish to follow the systems exactly you would also exit at the close as well. 

Another option if you think the market could have a bit more follow through (which we favor at  the moment) is to sell 1/2 or 2/3 and keep some in place with the hope that the market can follow through a bit more and you could gain some more ground.  I leave this up to you, my goal is to give you as much information as I can so that you can make a decision that matches your personal risk tolerance, goals, and personality. 

For the website official trades
- I'm going to close out the SPY bear long entirely.  I'm going to close out the 3rd entry on the SPY Strap and leave the 2nd and 1st entries open.
- For ES/MES systems I'm going to close out 1/2 of the 3rd entries for Bear Long and Strap and leave the others open.

again realize that this is outside of the system - do what fits you. Note if you closed out all the trades today you would be in the black if you wanted to be safe this would be your option.

see attached images showing the trades as they sit at this moment