These are fantastic results Matt. Were we also using these system to do live trades in previous years or is this year the first year with live trades with this permutation of the systems? 

The article doesn't explain how a "reset" would adversely affect the consumer class. 

If there is a system reset then the US government decides it won't pay it's debts any further - highly unlikely... Or they simply print 30 Trillion and pay off all of their debt. 

People assume this would tank the US dollar but I don't think it would be affected at all since the greenback is the vehicle for flight to safety in times of crisis. There is no alternative today. 

Such a massive printing would not necessarily be a huge transfer of wealth because you are simply returning money that you borrowed. 

Overall this is a better solution than the US economy imploding. 

On the SPY chart it shows that some trades employ $5,000 while others employ $10,000. I was wondering why the difference?

It may be a good idea to have a Q&A section right on the systems page. It would be useful to browse through the questions that may have been asked and answered previously by others.

Matt in this video the ES performance chart shows that the current open trade is only up 12.50%.  Isn't it up way more than that? 

On NDX: This third wave of the larger wave 2 up from the lows itself is up 18%.  That seems super extended.

On NDX the entire move off the previous March lows was about 18% .... followed by a drop to new lows.

Some sort of rest seems overdue based on historical percentage moves up.

Steve is there a plan to eventually implement an auto refresh for the blog? 

Thanks for the early charts Steve. Gives us something to chew on over the weekend!  

When you say "green is the outlier", you mean it's not a likely alternative? 

Thanks for taking the time to share your thoughts in such a detailed fashion. Matt would it make sense for me to purchase lower beta options? I know I would be increasing my risk but I would also be increasing possible reward and with the systems doing so well it seems to be worth it. For example I was thinking about purchasing options with a beta of . 30  for all of the trades. 

$NDX - If today's lows are taken out then it looks like wave 3 of a five wave decline has started. 

$NDX - If today's lows are taken out then it looks like wave 3 of a five wave decline has started. 

Well played timebandit.  That was a great R/R entry spot. I missed that one.

$VIX doesnt seem to be breaking out just yet, so this selling may be contained.  Lets see.
So far the trendline is also holding up 

$ VXN(VIX of the Nasdaq 100) has been diverging for this entire wave 5 up .... coiling ....

I am tracking something similar here:

Steve what do you make of QQQ taking out the early June highs, but $NAAD has failed to do so far?

50% retrace takes us to the top of the gap. 62% retrace fills the gap. Interesting. 

And with big tech earnings next week, its an ideal time for choppy consolidation. 

What is the difference between the dotted line and the solid lines on these charts?

I am surprised it happened today before the CPI numbers came out on Wednesday.  Not a good sign overall for bulls IMHO.

Wow, look at that potential symmetry 

Are these fibs normally not the other way around?