At this very moment the Stochastic short is not looking to close
out. Again it's about price level that affects the
indicators. If the SPX bounces back the last 45 min that exit
could come back up. That's why guys I can't confirm these mid
day, they are end of day systems and it's the close that matters.
So by the close the exit condition may or may not come back, I'll
confirm here
I just checked that open SPY Put for the Stochastic 1 Short sub
system is still up slightly from entry. Entered at a price of 18.49
last week and the option is trading for $20 currently. It's not up
a lot but will likely still close out slightly profitable.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Update SPY systems
Posted by matt on 22nd of Oct 2020 at 02:01 pm
As you know out of the 21 SPY systems we have two systems in open trades: one short and one long.
The Stochastic short sub system may close out today. I'll confirm later
that system closing out
Posted by matt on 22nd of Oct 2020 at 04:00 pm
that system closing out
is it looking like the
Posted by a12404 on 22nd of Oct 2020 at 03:39 pm
is it looking like the spy short system will close out yet ?
At this very moment the
Posted by matt on 22nd of Oct 2020 at 03:15 pm
At this very moment the Stochastic short is not looking to close out. Again it's about price level that affects the indicators. If the SPX bounces back the last 45 min that exit could come back up. That's why guys I can't confirm these mid day, they are end of day systems and it's the close that matters. So by the close the exit condition may or may not come back, I'll confirm here
and now the exit condition
Posted by matt on 22nd of Oct 2020 at 03:26 pm
and now the exit condition is back with that bounce. again I'll wait until about 1 min before the close to confirm or at the close if needed
I just checked that open
Posted by matt on 22nd of Oct 2020 at 02:15 pm
I just checked that open SPY Put for the Stochastic 1 Short sub system is still up slightly from entry. Entered at a price of 18.49 last week and the option is trading for $20 currently. It's not up a lot but will likely still close out slightly profitable.