I'm guessing still good for QE BTS entry SPY system. Any other systems triggering? Thanks

Thanks for staying on top of this Matt. Will tune in near the close to see if this is still triggering. 

I know the put/call is high but the Mclellan is no where near the lower bollinger bands. Mixed messages....this is why I like the SPY systems so much...very mechanical!

I was thinking same on QQQ- this is 15 min chart. 

Not sure if traders will want to hold through the weekend and Monday a full moon...

Thanks a little wash-out and reset wouldn't be bad. 

I'm guessing most of us sold our open SPY system trade yesterday, as I did, but still wondering if the other half stops out today? Also, any new entries; either first or second on the system?

Thanks for the update Matt!

I wouldn't mind taking those phantom trades! I think for you, it would be another thing that you have to monitor during the day though and might be unrealistic to expect to have you report all of those trades. 

I bought some trades at support today (not spy or sso) and thought about adding to the SPY trade, but did not. It might be good to just do our own thing within the trade knowing the spy system is long at least one entry (during the day) but continue to receive any signals that trigger at the close. 

Steve or Matt, we are bouncing nicely; any chance of a second SPY system entry today? 

Do you mean 388 and what is the expiration, today? That's a helluva trade...nice! 

It is 1.0 at 2pm; started the day at .63

https://www.cboe.com/us/options/market_statistics/#current-stats

Are you seeing any trades pop up on the SPY system yet? 

~thanks

I got stopped out for a small profit; will look for another entry lower. 

Put/Call ratio is very low....like .62, so I tightened stops on a lot of trades. 

XBI showing signs of life! 

Beautiful example of symmetry!  One of the most useful things to me is predicting the higher lows; lower highs.  Thanks for sharing your knowledge.

Happy New Year All and here's to a healthy and prosperous New Year in 2022! Thanks to Matt/Steve and the blog contributors that help make trading successful. I don't think there is any other trading-based website like it! 

Wow, interesting chart and yet another weapon to have.  Looks like we might be  headed to a broader market melt-up by this chart.

On this 2 hr Ethereum chart the initial target thing is just my own speculation. Not to be taken as a sure thing. 

Thank you, I saw that!

Hey it worked; thank you!!

testing the snip to open office....may need to get MS Office