Put/call ratio seems to be going back down

I think we're not all boys...

CRM blew it out of the water on earnings afterhours....stock is up close to 10 points! 

Looks a little like the same flag forming on SPY

I appreciate that and I like following the systems with the higher profit factor too. Don't mind missing some trades if the others have higher probability! 

Thanks for the guidance and stressing the importance of that overhead resistance, the boxed in consolidation and of the news today and tomorrow, waiting and watching...

Thanks for explaining that Matt. Do traders who follow this chart usually take long trades during the day, at close or next AM? Seems like a big news day tomorrow so I just stayed put. 

Yes, looks like one of yours is 1.55 box setting and the one I am following is 1.0, like your second chart. 

Just noticed the SPX Renko daily chart is turning up. Is this a closing price thing or do those following this system take long positions during the day? 

This looks ominous! 

So THANKS so much for your expertise and I look forward to the next trade!

Thanks Matt & Steve... I'm a short timer to your site but I had faith in your system and took this SPY trade...had to close out a few minutes ago as I'm on vacation and won't be back to close out at days end. Let me say this trade just paid for my vacation!

Thanks, this helps! 

Any chance of a SPY system signal today?

On this note, is it better to buy SPY at market in the after hour session or put in a limit for the price we closed at? I put in a limit near market to purchase this time but it was higher than the close. Would it be better to put a limit in at the closing price knowing it may not fill? Just want to get this right going forward. Thanks

Thanks for giving the heads up earlier...I did take a few trades then but waited for the bulk until you gave the go ahead. I am new to after hours trading and see that even on SPY prices are slightly worse than the close but regardless, we are talking pennies and I'm glad to be in on my first trade with BPT SPY system!

That's going to be a great stop loss weapon to have in the arsenal...thanks so much for what you do! 

Hi Matt,   Do you know how many long trades a year you anticipate from all the subsystems combined (based on backtesting)  and also what the average number of open subsystem trades would be at any one time? 

I realize the new Hi Probability SPY system has not been trading all that long but just wondered based on any backtesting you have done.  Thanks!

I agree with you Matt, it seems you have the newsletter set up with multiple options so that if one chooses they can just look at those charts they are interested in. But I thought last nights commentary was very helpful and although I only trade etfs, I'm sure some traders would like to follow your suggestions (ie trade the smaller gold/silver/metal stocks at the tail end of a overall sector move). 

Thanks will do; I did check spam but did not receive anything.