That's very cool. Can't wait!  

So far the market has shown some strength in the very minor reaction to Trump's China remarks. So far.

Great work! Thanks!

Support at 61.8 Fib retrace of today's gap

We're about to Xi if the SPY trade will be a winner...The meeting just started...hope everyone has a great weekend!

G20 Meetings with Trump/Xi meeting Friday/Saturday -- Holding longs into the meetings over the weekend seems very similar to holding into an earnings report -- After recent run could be ugly if no deal comes out of the meetings. 

Maybe the SPX is flagging out...the 60 Stochastic remains above 80...I'm beginning to wonder if rather than an ABC we might just launch again early next week out of that tight flag-like consolidation on the 60 chart? Any thoughts Steve or Matt?

Yep, sluggish here on the coast north of LA

Steve, agree with you completely about taking some darn profits today. Given how far and fast we've run it feels like the market is already pricing in a deal with Mexico given how little it reacted late yesterday to the Sarah Sanders announcement. Short term there's probably a lot more risk in a no deal over the weekend than upside in a deal. Besides, what the market really wanted was continuing help from the Fed and it sure loved those weak job numbers. 

Seems like the futures are holding up pretty well, just a small hit...market seems to think there will be a deal in spite of rhetoric...

Thanks for the explanation....I'd LOVE that too...so far real nice trade

Thanks Matt, nice to have the SPY trades updating daily on the website. Does the trade now not exit until the momentum indicator goes red? If that's correct, how much does the system typically need to pull back in percent terms to flip back to red?

also your comment about update daily - I'm not updating the table in the SPY section daily, just posting it here. It's kind of a PITA to update that section, so most of the time I update the table there when the trade closes out or there is a new trade. However been posting it here so you guys can see the numbers

The SPY System did a great job of smelling out this morning's open! Even though it was a small trade it did very well using the options. Well done, Matt!

I haven't posted in a while but can't help noticing that today's action looks pretty textbook THREE WHITE SOLDIERS

Good point Matt -- thanks for pointing that out.

Matt -- Are the Trend and Strong Trend Shallow Pullback sub systems looking to exit or do they look like they will be staying long? And are there any sub systems that would be looking to short further strength? Thanks.

SPX closed at the 38.2 Fib almost to the penny.

Just hit the 38 Fib retracement of the whole move down

Reply button isn't working on posts -- Just wanted to say great job to Matt and Steve for nailing today's action. A good weekend to all.

No Steve -- you weren't crazy -- thanks for all your great charts and observations. Let's see if we can get a strong close and not not yet another dump into the close.