FYI - regarding the SPY systems, here's the deal so far:

- The SPY Pro system will likely take a long position today if we close down like this

- The SPY Very 2 system is not yet triggering a long, needs lower prices

- The SPX Ver 2 system (cash SPX) is still long from June 20th at 1588, and won't close this long until the 34 length Stochastic falls below 80%

- The SPY RSI 2 system will take a 50% long position at the close if the 2 RSI closes below 10%, you can check this on your own easily by watching a daily chart of SPY with an RSI 2.

Remember you can check the status us of the systems about 5 - 10 min after the close from the Tradestation Systems section of the website, by clicking on the ' Trade' Tab for Basket Performance , this shows all the open trades.  It takes me 5 - 10 min to update this section because I have to manually upload the files to the website and TS does not finalize the daily system trades for about 2 - 3 min after the close because SPY jumps around a bit.

Some things to consider:

If the market has put in some short of intermediate top, then these systems will probably be buying too early and take some heat - so you have to decide if you wish to take the trades or not.  The SPY systems have had no losing trades a year, the SPY pro system has had about 8 winning trades in a row thus they could be due for a losing trade, however we have thought that way before and been wrong, hence you have to decide for yourself.  

Also, If the systems buy into a bad long trade where would they stop out?  The SPY Pro and Ver 2 would stop out on a close back above the 8 day simple moving average (SMA) and the SPY RSI 2 system would stop out on a close back above the 9 day SMA.