I think you are a doctor, right? Why don't you retire and do this for a living? LOL

Nice and concise...you use the daily chart then or fine tune on hourly?

I so agree with you! This is most important to me as I can't monitor the market consistently with my work obligations. I would love a "wake up call" possibly via emailon when the daily chart stop is hit so as to exit the 401k. And vice versa when the entry happens again.This would be a dream and take a lot of weight off. I know the signals don't happen very frequently so maybe that would be a possibility.

Looks like BPSPX Renko is giving a buy signal today? This is contrary to the PMOBUYALL that just gave a sell signal! 

Matt, would your 2 hour system be entering a long position today on SPX based on stochastics crossing 50, moving avgs crossing, squeeze going positive? 

I made money off the last group of long trades other than a loss on one option.  They all came back over time although due to time premium, the options did not.  I abandoned the options due to my discomfort with time factor  but everyone is different in their trading styles. 

Might consider trading these systems without the options? Options seem to limit to a time frame; one of the reasons I've never been comfortable with buying calls/puts. I prefer to sell them. 

I see it; thank you!

Matt, can you elaborate on how the DVT stop of 3033 on SPX was set?

You may have covered this but I can't see how the daily DVT stop of 3033 on SPX came about. I don't see a short term low there or a red to green on the shorter term MA Deluxe. 

This is going to be great when ready for prime time...I look forward to it! 

I don't have a big enough position but I think a "class action" will probably come out of it. The thing is, will the company survive or would it be like getting water from a stone? 

My other half is an engineer for a big tech company and he has been non-stop busy from 9 to 6 and then afterhours most days. They bought him a nice chair for home  and he needs it! All travel has been cancelled but they are just doing most of that remotely...probably saving the company even more money.

I think the system is very good and that members can use the data as a clue to which direction we are likely to go in the short term. You can trade around the signals and leverage (or not) the signals. The members have to take responsibility for how they trade it.  For as many years as I have watched the market and it has been a lot... going back into the 90s...I've never seen the market do what it did last month. Yet, Matt with your sleepless nights, you did not fold but stayed there for us anxious members and helped us through. 

Yes, I knew you had stated the options would be pretty worthless at one point and that  you were revising the system but I still thought you were maintaining this trade. Personally, I had sold any options I had on a quick rebound and limited losses back then but I held some etf's and have been trading around them. I had actually averaged down and now have mostly gains on the trade. I realize though some people would want to feel that they can just watch email for any trades and have that security.  Interestingly, the trend trade at least held long enough to remedy catastrophic losses. Thank you for sending out the email today and I'm sure you are relieved that trade is over. 

I'm just confused why you didn't send the signal for the Long Trend trade to close out on email as you usually do. 

This is what your post says? Am I reading it wrong?

ALSO the original open Long/Trend trade  - that is closing out today finally. 

I just saw this on the blog, did you send out an email for the Trend trade close?

Wow great graph of potential future trajectory! Thank you

Thanks for the update on that!