SPY Pro system may go long

    Posted by matt on 2nd of Mar 2018 at 09:52 am

    The SPY Pro system may go long today should we remain down.  I will let you know later on.  You might ask, well what if the market tests the low again?  That's definitely one of the scenarios, and another scenario is that the market chops into a big triangle ABCDE pattern.  But even if the market tests the lows again the system would not be entering so early like it did last time and I think it would be fine, yeah it might need a 2nd entry or 3rd, but would definitely be entering at a much better spot that it did last time around

    clearly the long signal from

    Posted by matt on 2nd of Mar 2018 at 01:07 pm

    clearly the long signal from the SPY system this morning is gone, would take a big retracement into the close in order to make it come back

    Why not just wait for

    Posted by jtverr on 2nd of Mar 2018 at 01:10 pm

    Why not just wait for the signal before you post something regarding your system.  There has been enough confusion already.

    What's so confusing about it?

    Posted by pep8261 on 2nd of Mar 2018 at 01:16 pm

    What's so confusing about it? Just wait till the close for confirmation. Some of us want this information so we can position ourselves going into the close.

    I agree, what is so

    Posted by goap1207 on 2nd of Mar 2018 at 01:27 pm

    I agree, what is so confusing with updates from Matt on potential trades.  Why all the complaining?  I do want the info so I can stay informed.  People need to stop bitching and complaining and let Matt and Steve do their work. 

    because I like to give

    Posted by matt on 2nd of Mar 2018 at 01:14 pm

    because I like to give some intra day communication so that folks are at least aware vs sending out that the went long at the close, esp on a Friday when many folks would be gone. Intra day communication is for members benefit. 

    no there has been no confusion on the SPY system here today

    No confusion here. Thanks for

    Posted by EdZ on 2nd of Mar 2018 at 01:29 pm

    No confusion here. Thanks for the heads up on the possible signal.

    I appreciate your advance heads-up

    Posted by rojoch on 2nd of Mar 2018 at 01:27 pm

    I appreciate your advance heads-up notes Matt.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!