On the SPY system, another sub system may trigger today, the QE
LE 1,2 as I discussed last night, you can see it here 3rd up from
the bottom left.
As far as the main system, which entered via the Trap 1 trade, a
2nd entry will occur below $235.58
For now the system will look to sell a bounce vs trying to hold
it, which based on the symmetry break I think would be smart for
the system, since the odds of the market putting in a lower high on
the next rally are high.
SPY system comments
Posted by matt on 9th of Mar 2017 at 02:23 pm
On the SPY system, another sub system may trigger today, the QE LE 1,2 as I discussed last night, you can see it here 3rd up from the bottom left.
As far as the main system, which entered via the Trap 1 trade, a 2nd entry will occur below $235.58
For now the system will look to sell a bounce vs trying to hold it, which based on the symmetry break I think would be smart for the system, since the odds of the market putting in a lower high on the next rally are high.
Matt, did the QE LE
Posted by shinings on 9th of Mar 2017 at 04:16 pm
Matt, did the QE LE system trigger today?
No the QE LE did
Posted by steve on 9th of Mar 2017 at 06:18 pm
No the QE LE did not since the market rallied too much into the close.
Correction: The QE LE did go long (had to refresh Tradestation) so my apologies.