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Hello Everyone, quick update on the reversion to mean systems.

The image shows you the recent reversion to mean systems:

ES - we still have the partial short, however remember we took 1/2 off a week ago for very nice gains. I may consider adding a stop on the other 1/2, if I do I'll email that out
Strap long took a 2nd entry on Friday - that is closing out today on both the ES and SPY. I guess we should have just stuck with the systems LOL, but I know a few of you did, congrats on that. The ES bar closes at 5 pm EST, the Strap will close out on that bar (doesn't show that yet here since it's before 5 pm

SPY - Strap closed out as I discussed above. Bear long continues to hold and is still long

Matt

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

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