Regarding the reversion to mean systems;
SPY - no longs are triggering at this time on this pullback
ES - as expected that open bear long will be closing today as the momo indicator turned red. Remember guys I said that would exit once that indicator turned red and that it would exit off the highs. The trade was up 500 points at one point. That said it's going to close out with a massive gain regardless
- on ES on a funny note the other bear long system will likely trigger a long today, I've been sharing signals to two versions of the bear long this year Ver 1 and 2, and Ver 2 is what caught that big runner as well as a trade in June both of which were missed by Ver 1. You can see the two bear long systems on the upper left