SPY systems possible trade via CCI Divergence

    Posted by matt on 30th of Oct 2020 at 10:28 am

    FYI at this moment the CCI Oversold Divergence sub system may take a 1st entry long today.  It's a tough system to trigger, here's the stats

    Hey Matt, I do not

    Posted by hoek2 on 30th of Oct 2020 at 02:02 pm

    Hey Matt, I do not see this one in the list of sub systems though....

    it's there, it's listed on

    Posted by matt on 30th of Oct 2020 at 02:44 pm

    it's there, it's listed on the summary table and in the Longs section, look for CCI Oversold Divergence.  The CCI system looks for a large spike down in the CCI indicator along with some positive divergence between the indicator and price.

    Ah, yes I see it

    Posted by hoek2 on 30th of Oct 2020 at 03:21 pm

    Ah, yes I see it there now Matt sorry.  You have it listed under "Systems"  - "SPY" - then "System Statistics"   I was looking for it under "Systems" - "SPY" - then "Overview".  It is here where you describe and plot the systems.  I like that as it gives me an understanding of the basics of how the system works.  I don't see this particular CCI Divergence one listed there.  And I see your description in the post.   Thank you as well.

    yes the description of the

    Posted by matt on 30th of Oct 2020 at 03:46 pm

    yes the description of the CCI system is pretty self explanatory, however here's a couple examples  again the name is CCI oversold divergence.  Looks for a spike down in the CCI in the low -200's which doesn't happen every often, followed by a positive divergence with the CCI indicator and price

    on this image you can see two examples of the trade. Notice how you had CCI spike down in the -200's followed by a positive divergence

    The  CCI system is at

    Posted by rogerv on 30th of Oct 2020 at 03:42 pm

    The  CCI system is at the bottom of the systems

    yeah there's a lot of

    Posted by matt on 30th of Oct 2020 at 03:41 pm

    yeah there's a lot of sections there with lots of written details and statistics, good for folks to review all pages/tabs in that section

    Hi Matt, with this trade

    Posted by imelhoe on 30th of Oct 2020 at 11:37 am

    Hi Matt, with this trade , would it be multiple entries long or just a short 2 day trade kind of move pls?  i do see a bounce back up to s 3325 o r do you expect more upside ?  What is your downside target for SPX for next week pls

    The CCI tends to be

    Posted by matt on 30th of Oct 2020 at 12:00 pm

    The CCI tends to be a quick trade stat wise. I can have a couple entries obviously.  The Bear Long is variable it can have short quick trades and it can stay in long trades for 1 or 2 months if conditions all match for a hold. 

    we'll have two open sub systems, they are their own systems their entries not related to the other. I suggest you look over the stats for both not just that summary stat table but the images of the stats. 

    these two trade types are high probability but they also tend to occur in these very volatile high VIX situations like we have now, thus the draw downs at times can still be 5 or 7% just because of the conditions in the market when these systems trigger the VIX tends to be high, and big moves are common with 50 and 100 point SPX days common.

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