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Hello everyone and FYI early heads up: out of the open reversion to mean short systems. At this moment all of the ES systems are meeting their exit conditions and would exit now if price closed here.

None of the exit conditions are being met yet for the two SPY short systems

the issue of course with the ES systems is that we have two big names reporting after the bell tonight, and the daily ES bar doesn't close until 5 pm, so if futures spike after those earnings the exit will be lost even if it's being met by the cash close. 

one option to consider if the conditions are still being met for an exit at the cash close for the ES systems is - exit partial of the ES shorts to be safe because of the AMZN and AAPl earnings after the bell

I'll email everyone later today if there are any changes or I decide to officially take off some of these positions. 

Matt

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

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