SPY and ES systems update and early heads up

    Posted by matt on 13th of Jan 2023 at 02:47 pm

    no changes on the open SPY systems. Someone asked me if anything could go long? Yes perhaps the breakout system, but I'm not seeing that, and we could see systems try to buy a dip/pullback

    on the ES systems, I'm seeing a possible trigger for a 1st entry short on the Hi Mid Lo system - see image middle left. That system has a pretty high profit factor of 74. The only issue we have to be aware if is Friday trades since the daily ES bar closes at 5 pm and does not reopen until 6 pm. Sometimes I like to wait for the new bar to confirm trades, I can't do that on Fridays. Anyway an early heads up, I'll let you know if this condition holds when time is nearer to the ES close.

    Is this ES short trade

    Posted by cozz101 on 13th of Jan 2023 at 03:44 pm

    Is this ES short trade version 1 or 2 of the Hi Mid Lo? 

    the open SPY systems may

    Posted by matt on 13th of Jan 2023 at 03:51 pm

    the open SPY systems may end up taking 2nd entries - I'll wait for the close to confirm as it be meeting conditions, then change and not be met by the last couple min activity 

    alert sent out 

    Posted by matt on 13th of Jan 2023 at 04:00 pm

    alert sent out 

    I got it. Thanks, Matt!

    Posted by mdgfain on 13th of Jan 2023 at 04:33 pm

    I got it. Thanks, Matt!

    Matt, I don't see the

    Posted by laouuu on 13th of Jan 2023 at 04:21 pm

    Matt, I don't see the alert in my email. 

    Thanks for the early heads

    Posted by patellee on 13th of Jan 2023 at 03:30 pm

    Thanks for the early heads up, always appreciate it.  I am surprised there weren't any second entries short on the existing systems.  Although I do see we are approaching the ATR on the /ES so maybe another 1% up move before there is a bit of correction.  Let's see.

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