Hey Matt, any idea where price would have to fall to for the ES breakout to take a second entry or one of the Spy's to go long?

Thanks Matt, this is really helpful!

FYI, Congress passed a law that allows you to rollover a part of your FSA to next year due to the Covid restrictions impacting people's ability to use FSA. My understanding is that it'll only be this once. I'd suggest reaching out to your company/doing a Google search on it. 

Looking forward to it!

I trade the ES, so definitely appreciate you posting when the  ES takes a trade. Thanks Matt!

Matt's already commented below. 

50/50 Haha

Nothing's changed, remember you can always pin Matt's chart.  https://schrts.co/srvEkwkP 

A new ETF that's suppose to reflect the inverse of ARKK launched a few days ago under the ticker SARK (article here...https://www.etf.com/sections/daily-etf-watch/anti-arkk-etf-debuts?nopaging=1) . Will be interesting to see how well this tracks it going forward. https://schrts.co/YqtVfRCY 

Position sizing small is key on the alt coins, but a few potentials are AAVE, CRV,  GRT,  SOL,  and Ocean

Silver looks interesting. Maybe an Inv H&S forming. https://schrts.co/mVhqeuPz

According to CNBC, Facebook is changing their ticker to MVRS, effective Dec. 1 to match their new name Meta.  https://www.cnbc.com/2021/10/28/facebook-changes-company-name-to-meta.html

Just a heads up Matt, the video format link is tied to the forum and not Youtube. I appreciate you doing these in both formats!

Spy LEAPS

I  don't have much experience with options other then doing  basic buy call/put options when the Spy System triggers, but I had the idea to look at LEAPs for Spy, with the purpose of buying when we are in an uptrend, the S&P corrects say 10% or so and the Spy System has triggered. The reason for a LEAP would be then I can hold for a longer move where with buying a few months out there's obviously the time factor decay issue.  The thought is to still sell it for a profit a few months after buying. Curious if anyone else buys LEAPS on indexes, and how much time do you have before time decay starts taking much effect?

My buy order I set when I was away missed filling by pennies! Still looks interesting over the trend line for tomorrow though. https://schrts.co/EMpDhIpE

AMPG positive divergence as coiling near a low. https://schrts.co/ksVybNew

FRHC nice tight coil.

https://schrts.co/EMpDhIpE

Not sure if Stockchart's volume is wrong on that today...looking at other sites the volume looks in check with other days and doesn't show that large spike.

I like it when you keep them separate since they are different systems

Really excited about this Matt! Been wanting to find a way to utilize system trades for the other major indexes.