Another update - looks like

    SPY systems

    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
    Title: buy or not?

    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

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