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Most likely there will be a 1st long position today on the SPY
system Trend/Pullback sub system. The ES system will also be taking
the same trade as well.
New position today?
Do you have a stats/performance chart for that sub system you
can post? It would really help with trade-sizing.
Anecdotally, it seems to me that every time there’s a one or two
day pullback in the market of any significance, one of the SPY
subsystems immediately takes an entry. Is this the nature of
the beast in uptrends, or is it something else? Whatever
happened to multi-day corrections? Perhaps you could touch
upon that when you next record a video that touches upon these
Matt, what is the value on SPY that it needs to stay under in
order for the trade to trigger?
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