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Quick update - at the moment the SPY Pro system is NOT giving a buy signal because a filter has been hit. Again I'll let you know at the end of the day
Another update - looks like SPY needs to close below 178.78 to trigger the SPY system back long, that will change some however
Matt, Is it a buy? It closed below 178.78?
Has there been a final notification concerning the trade of the spy pro?
there was a second email sent out
also remember you can check the trade list on the website, here's a link
http://breakpointtrades.com/basket/past_trades.php
if it formed a inverse right shoulder on like the 10 min - i might bite
not happening today though -
didn't have the guts to take it, Matt. Thanks though....
The RSI 2 system needs lower prices still, so perhaps you can wait for that one if we get them
It will be scary to take a long here as SPX is trading right around the neckline of the H&S top. A break below has a target of around 1745.
On the other hand, a system is a system. It doesn't work if you don't take all the trades.
A system is a system - and the VIX closed (just) above the BBand as well
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Quick update - at the
SPY systems
Posted by matt on 11th of Dec 2013 at 03:21 pm
Quick update - at the moment the SPY Pro system is NOT giving a buy signal because a filter has been hit. Again I'll let you know at the end of the day
Another update - looks like
Posted by matt on 11th of Dec 2013 at 03:41 pm
Another update - looks like SPY needs to close below 178.78 to trigger the SPY system back long, that will change some however
Matt, Is it a buy?
Posted by sbwoman on 11th of Dec 2013 at 04:03 pm
Matt, Is it a buy? It closed below 178.78?
spy system
Posted by cbinn on 11th of Dec 2013 at 04:55 pm
Has there been a final notification concerning the trade of the spy pro?
there was a second email
Posted by matt on 11th of Dec 2013 at 05:00 pm
there was a second email sent out
also remember you can check the trade list on the website, here's a link
http://breakpointtrades.com/basket/past_trades.php
if an inverse h\s could form
Posted by roger on 11th of Dec 2013 at 04:05 pm
if it formed a inverse right shoulder on like the 10 min - i might bite
not happening today though -
didn't have the guts to
Posted by hawkinslf on 11th of Dec 2013 at 04:02 pm
didn't have the guts to take it, Matt. Thanks though....
The RSI 2 system needs
Posted by matt on 11th of Dec 2013 at 04:05 pm
The RSI 2 system needs lower prices still, so perhaps you can wait for that one if we get them
neckline broken
Posted by pimacanyon on 11th of Dec 2013 at 03:56 pm
It will be scary to take a long here as SPX is trading right around the neckline of the H&S top. A break below has a target of around 1745.
On the other hand, a system is a system. It doesn't work if you don't take all the trades.
A system is a system
Posted by sonofrebel on 11th of Dec 2013 at 04:07 pm
A system is a system - and the VIX closed (just) above the BBand as well