Steve, given that the SPX did make a new high above it's high on 10/12 would you not expect a higher high (and low) to follow on ES too? 

tnx Steve :) 

ES looks like 5 waves up from this morning... does that look like an ED now as a 5th wave?

RSI oversold was still holding on ES too.. so looks like the ES is exiting and the SPY entry from yesterday is holding

Damn, i think i needed a bigger clue. Seems obvious in retrospect...     

what's your take on the reaction Steve?

SSO is 2x UPRO is 3x

I concur! Is it painful to take a draw down? Of course...  But am I up overall over time and doing better than I would on my own? Absolutely.

Only grateful for all that BPT offers. Sucks to take some heat but well worth it for the overall result and that's just part of life. Good time to meditate and learn how to deal with the stress that my own brain creates. That's not on anyone else!

thanks Matt :) 

Any news on the open EEM and QQQ volatility systems?

Heyy Matt.. just wanted to check in and see if there was any news on the EEM or QQQ volatility systems... they're still holding? Not sure if I missed a post on them.

love this.

Matt, I think you've mentioned that when an STS hits and reverses you sometimes rebuy at the end of day or next day.. wondering what your thoughts were for TLT.. do you think it still looks likely to head toward that symmetry target or has the pattern changed from your perspective?

oh yeah crazy light as well.. definitely feels like California in late summer.. or Blade Runner 2049.

Thanks Steve :) 

I did take the short (which is working out so far) but just curious about the count stuff for educational purposes...

Ah ok, i was thinking that a C down would have to go below 4263.. but a C could have complete already if that's the count? 

Ah ok, i was thinking that a C down would have to go below 4263.. but a C could have complete already if that's the count? 

hey Steve, thanks for this...

wondering if this goes above 4287 would that negate this count? Thinking this might be a good place for a low risk short with a tight stop?

thanks!

All hail Carnac the Magnificent!