First off as far as the reversion to mean SPY and ES systems -
looks like both the Trend/Pullback will be going long a 1st entry
at the close today, both ES and SPY. I also looked at the other
Long sub systems and none of those are triggering at this time, but
some of them could start to trigger in coming days if prices go
lower. What could also happen is that some systems could short an
oversold rally i.e wave B once this initial down leg ends
here's a couple images of SPX, should the market close at the
lows today, I think it probably has another big down day. You can
see Feb 2018
I don't know what the odds are, just saying looking at some past
stuff you tend to get follow through the next day if you close at
the lows like that. it's early market could still try to bounce in
the afternoon - close matters and a lot can happen from now until
then
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Systems Update
Posted by matt on 24th of Feb 2020 at 01:28 pm
First off as far as the reversion to mean SPY and ES systems - looks like both the Trend/Pullback will be going long a 1st entry at the close today, both ES and SPY. I also looked at the other Long sub systems and none of those are triggering at this time, but some of them could start to trigger in coming days if prices go lower. What could also happen is that some systems could short an oversold rally i.e wave B once this initial down leg ends
here's a couple images of SPX, should the market close at the lows today, I think it probably has another big down day. You can see Feb 2018
What was the SPY MAY
Posted by bobhug on 24th of Feb 2020 at 04:03 pm
What was the SPY MAY 310 Delta on your platform when you put it on??
Any closer to calling an
Posted by thefos on 24th of Feb 2020 at 03:54 pm
Any closer to calling an entry ?
a think of beauty that
Posted by matt on 24th of Feb 2020 at 01:41 pm
a think of beauty that 120 min how stopped out at 162.7.
Yes, this 2 hr trend
Posted by cozz101 on 24th of Feb 2020 at 01:58 pm
Yes, this 2 hr trend system seems about as perfect as it can get!
Do you mean if it
Posted by burkmere on 24th of Feb 2020 at 01:35 pm
Do you mean if it closes at the lows today , odds are it has a "big down day" tomorrow?
I don't know what the
Posted by matt on 24th of Feb 2020 at 01:43 pm
I don't know what the odds are, just saying looking at some past stuff you tend to get follow through the next day if you close at the lows like that. it's early market could still try to bounce in the afternoon - close matters and a lot can happen from now until then