oh for sure, that's what I was thinking. Likely not on one move down, but after some sort of B wave bounce, then C wave down or wave 3 down

Warren should have sold some earlier - AAPL not really matching his value style with 2 years of no earnings growth 

Good morning, here's a quick update on the mean reversion systems for the open SPY and ES, and the volatility systems

A lot may close out today should the market close well:

Volatility systems:
EEM looking to close out, AAPL and QQQ still holding

SPY and ES mean reversion systems:
All the open systems are looking to exit: QE MOMO, Trend/Pullback, Strap. I have not decided yet, I may elect to keep 1/2 of the Trend/Pullback with a stop

the attached table has an arrow next to the systems looking to exit. The second chart shows all the open systems charts

AAPL - Chart Link- 15 min forming a potential channel base

AAPL - Chart Link- daily.

The volatility system is long as well a 1st entry

AAPL - Chart Link- the pullback today set up a double bottom positive divergence on the 60 min time frame. Remember the volatility system is long AAPL

otherwise a long trigger now could be taking out the high of today's doji with an immediate stop at the low,

AAPL - Chart Link- the RSI 14 has been below its lower Bollinger Bands for 5 consecutive days - pretty long time for that. Soon I could see a wave b rally for that lower high. 

first off no change for the SPY and ES mean reversion systems none of them are exiting yet

regarding the volatility systems: GS which went long on 8/3 is closing out today, AAPL is taking a long. longer term AAPL has real problems with that symmetry break, but eventually I'd expect a lower high bounce so more than likely the system trade will exit on that

for the ETF's QQQ is long from Friday, and EEM is taking a long

AAPL - Chart Link weighing on the market

AAPL - Chart Link here's another view of that symmetry break in AAPL. Also note, the RSI 14 trendline break gave you an early sell signal well before earnings.

Remember you can get fantastic signals on those RSI trendline breaks

AAPL - Chart Link largest pullback since the January lows, a break in bullish symmetry, look for the next rally to now form a lower high

short-term the CCI is below -350 so sometime soon we'll likely get an oversold bounce, but again that rally/bounce will be a shorting opportunity

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.

AAPL - Chart Link today's move broke uptrend symmetry from the January lows, and notice how the morning bounce stalled EXACTLY at the 50 day MA turned resistance. The symmetry break sets the stage for the next rally to form a lower high

Yep, that guy got tired and dropped AAPL, thus the market suffers

As you know on the 12 volatility systems, yesterday GS and EEM took a long

today GS is already looking to close out of that long. EEM holding

however 2 possible new trades: QQQ and AAPL looking for long

the KISS charts would look cool those as a screen print on a T-shirt LOL - wear one around of AAPL or something - people would be confused, what is that?

new one for AAPL, will be number 20

on the vol systems, AAPL still long

AAPL looking to close today, as is GOOGL - again these were not emailed out, just showing what they are doing. I'm still not done with my testing, so they are still not official yet

on Friday the volatility system for AAPL went long, I didn't post it, it's lower today, off the lows though

AAPL - Chart Link-