SPY systems update

    Posted by matt on 17th of Sep 2021 at 02:20 pm

    SPY systems took a trade

    A different SPY sub system, the QE LE took a 1st entry long: $10K SPY ETF, and 1 SPY Call option Nov 19th expiration with a strike price of 428

    Quick update, so far no second entry on the Trend/Pullback, price needs to close below 440.44, not that far away for a Friday afternoon. Remember 2 days in a row it missed exiting by a few pennies, in hindsight I probably should have just exited 1/2 anyway since it was so close and the fact that Steve and I leaned bearish, but is what it is. I know that some of you elected to exit 1/2 or more anyway and are in good shape.

    That said should the market end at the lows today it's possible that a new sub system make take a 1st entry, the QE BTS LE1 - which you see on the upper left. I'm trying to decide if I count this one as a separate system trade or not since we already have the one open one. If the  You can let me know your thoughts on that - The QE LE and Trend/Pullback are different systems so we would exit by their rules. The reason I have the various system is for diversification.  Again follow what you wish, I'll just report what the various sub systems do.  
    Remember what these systems do have are mutually exclusive to the technical market analysis that Steve and I provide. 

    SPY systems took a trade A

    Posted by matt on 17th of Sep 2021 at 04:05 pm

    SPY systems took a trade

    A different SPY sub system, the QE LE took a 1st entry long: $10K SPY ETF, and 1 SPY Call option Nov 19th expiration with a strike price of 428

    Thanks for posting Matt!

    Posted by cozz101 on 17th of Sep 2021 at 04:08 pm

    Thanks for posting Matt!

    Thanks Matt! 

    Posted by skitexas67 on 17th of Sep 2021 at 08:20 pm

    Thanks Matt! 

    After hours prices count?  (technically

    Posted by jtsurfah on 17th of Sep 2021 at 04:04 pm

    After hours prices count?  (technically not after hours for SPY until 15 minutes after the broad market closes)

    prices confirm for the daily

    Posted by matt on 17th of Sep 2021 at 04:07 pm

    prices confirm for the daily candle in Tradestation 2 min after the close officially - not anything past that

    Tradestation locked up here so

    Posted by matt on 17th of Sep 2021 at 04:00 pm

    Tradestation locked up here so will have to wait a few min. No second entry on the Trend/Pullback of course

    SPY is ex dividend. so

    Posted by arun on 17th of Sep 2021 at 02:52 pm

    SPY is ex dividend. so is the second entry still the same as you had mentioned few days ago

    I have no way to

    Posted by matt on 17th of Sep 2021 at 03:36 pm

    I have no way to account for that ex dividend days

    Systems Trades - I'd love

    Posted by elementsix on 17th of Sep 2021 at 02:30 pm

    Systems Trades - I'd love to be alerted when EACH of the systems enter/add/exit a position. I know you guys put a lot of time, research and effort into the strategy of the various systems and I appreciate the option to utilize as many as possible. Thanks!

    Agree I like to see

    Posted by retirefire on 17th of Sep 2021 at 02:32 pm

    Agree I like to see all the systems called out. Member's can decide and take responsibility for playing or not and how they play them. 

    Can you show the stats

    Posted by cozz101 on 17th of Sep 2021 at 02:28 pm

    Can you show the stats on the new sub system QE BTS LE1.  Is this the same as QE BTS which I think has always been part of the spy system? 

    that stats are located in

    Posted by matt on 17th of Sep 2021 at 03:24 pm

    that stats are located in the SPY section, it's not a new system

    I like it when you

    Posted by focus175 on 17th of Sep 2021 at 02:27 pm

    I like it when you keep them separate since they are different systems

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