Update on the open systems: 

the ES still has the open Short, we took 1/2 off for nice gains, no change here, it will continue to hold
the bear long has 1st entry on SPY
Strap has 1st entry on SPY and ES

regarding the Strap trade: looking into it more, the risk/reward isn't great because those systems entered after a bounce, and are only looking for a close back above the 6 SMA. By the way, the exit condition was being met this morning when ES was up 22 points. So it's not going to catch a big winning trade as it will exit on a normal up day from here.  We already have a long from the bear long, and an open short from the Stoch 60 systems. 

I'm playing it by ear here, what I don't really want to do is have these take draw down if the market sells down from here. from a chart perspective it's still possible that this bounce is a 4th wave and we'll see another move lower in next week -then probably start a Christmas rally after
a few options:
1. just follow the systems and stick with them - if this is a small 4th bounce, then the systems would probably have to take a 2nd entry next week on the 5th wave lower
2. hold them with a stop - such as low of yesterday or this morning
3. one could reduce the positions or close them out here for 5 point loss on ES, pennies on SPY.