SPY and ES mean reversion systems

    Posted by matt on 4th of Aug 2023 at 03:57 pm

    This is an alert about BPT Mechanical Systems:

    Regarding the mean reversion: new trades are triggering:

    - QE momo is triggering a 2nd entry on SPY and ES. 

    - A new sub system may also trigger a 1st entry long on ES, the Strap long. ES doesn't close until 5 pm, but in all likelihood that system should trigger (unless there's a large movement in after hrs to negate it). 

    As far as these mean reversion systems, remember there is no initial stop like the KISS systems have, keep that in mind if you worry about a larger market drawdown. If one wished to limit risk, one could buy options instead or not be as aggressive on 2nd entries, that's up to you. I will be updating the SPY and ES trade tables this evening, I have to run out a few min after the market for an appointment. 

    Also make sure to check the KISS trend systems shortly after the close: AAPL obviously tagged its STS early this morning and closed out of a very nice winning trade of over 35%. You will be able to check other ETF's and stocks from the STS tables

    KISS STS Tables for Indexes, ETF's, Stocks - check your stocks and ETF's to see where they are suggesting smart trailing stops if long.

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