Here's a couple of posts I placed on the Trading Community below: one hell of a sell off today as that H&S pattern that we've been showing is playing out. Very ugly day for the market, see first image below
https://breakpointtrades.com/blog/post/374534/
https://breakpointtrades.com/blog/post/374529/
Now - the crazy part is that there's going to be new system trades executing today:
The Strap - which closed like a champ is going to be buying again today a 1st entry! here's stats on the ES Strap.
also the bear long is closing out for SPY and ES but the ES ver 1 bear long might take a 1st entry - the version that held from July 13th to Aug 22nd, wasn't in this last trade
on a side note if we close at the low that's not good - the 50 day MA is just below and at minimum you probably get follow through to the 50 MA. That's subjective outside of the systems, I'll just report what the systems do, and you do what fits your style