Regarding this market selloff and the SPY systems;
The SPY Pro system and SPY Ver 2 systems are currently
restricted from taking a long position on this pullback for a while
since they were in a long trade for over a month, that restriction
should expire sometime next week.
The SPY RSI 2 system does not have this restriction but is not
yet triggering.
Regarding the SPY systems
Posted by matt on 23rd of Jan 2014 at 10:40 am
Regarding this market selloff and the SPY systems;
The SPY Pro system and SPY Ver 2 systems are currently restricted from taking a long position on this pullback for a while since they were in a long trade for over a month, that restriction should expire sometime next week.
The SPY RSI 2 system does not have this restriction but is not yet triggering.
I'll keep you posted
Clearly the long-restriction is working
Posted by cubby on 23rd of Jan 2014 at 02:15 pm
Clearly the long-restriction is working well as intended. Bravo!
The SPY RSI 2 system
Posted by matt on 23rd of Jan 2014 at 02:07 pm
The SPY RSI 2 system may take a long position today at the close if the RSI 2 closes below 10%, currently it's at 9.88%
The SPY Pro and SPY Ver 2 systems will not be taking long positions.
The DVY RSI 2 system will also not be taking a long position
clearly no system signals today,
Posted by matt on 23rd of Jan 2014 at 03:53 pm
clearly no system signals today, the SPY RSI 2 system, RSI 2 is now at 13%,