Wouldn't a high put/call normally indicate low current price and possible rally (with so many buying puts)? Lately with the wild swings, not sure if I trust it. 

I've been wondering if this indicator has lost it's mojo...

Don't mean the tabs for the trades/stats...I mean a separate section under the community where we can go to see if there is any discussion on the systems. Just called it a tab but I'm talking about the separate section for discussion you guys talked about recently. 

Thanks for the stats on this. Looks like a good system. 

I think once we get a separate tab or area of the website for the SPY/ES stuff, it's going to be a lot easier to follow. I like the heads up on the blog but sometimes I miss the post due to need to filter through messages. Hope we can get this in the new year. Happy Holidays everyone! 

Thanks for posting that; pretty short term oversold. 

Wondering how much of this selling is last ditch tax loss selling effort? I know the bigger fish have already done this but thinking some of the retail investors are doing so. They used to call this the "free lunch" on wall street for buyers but not sure how that applies in this bear market. 

On ES do you mean 1st entry long? Maybe a set up for a Christmas rally? 

REALLY appreciate the candor and I think a trader can't grow without analyzing like this. To me it's not about who made the best call when, it's about how to use the past to make the future more successful.  The systems are pretty cool and probably should be left alone but the emotion it must take to do this (especially when you have subscribers that rely on it) has to be over the top. 

We are lucky to have you willing to share these systems and your thinking on how to trade them (in real time)! 

On another note, I was totally ready to take a decent short position yesterday on some big divergences on the indicators but held back due to the put/call being so high. It confused me so I just decided to do nothing....haha, kicking myself today. 

I have a friend with a hedge fund who sells naked puts and calls everyday, all day but has to set close stops so there are a lot of buys and sells happening around that. I'm wondering if that has become more of a trend now.  They would be ODTE and create a lot of transactions.  Maybe that is skewing the ratios? 

What's going on with this put/call ratio? 

I like the Newly Long feature a lot and also your advice to possibly buy on first pullback. I guess that depends on what you are trading but it fits my style more. Thanks for keeping these systems front and center. 

This may not be your typical "gap and go" trend day but I'm wondering if it may be forming? 

Guessing rebound target for SPY will be the bottom of the broken wedge TL around 400? 

I'm confused, did QE BTS, lower left also go long? And on the Strap ES trade, it looks like two bars, so did it go long yesterday? 

I'm probably not reading this right but just curious. And are you thinking to take the ES trade 1/2 here now and 1/2 tomorrow then? 

May be good for a pop tomorrow? 

Thanks for the heads up, will tune in later. 

I'm much more inclined to buy on the backtest; just have trouble buying so late. That's one reason I asked if this system can be applied to a shorter term time frame, say hourly or two hour?  I did not get a response to my post before but this reminds me to ask again. 

I'm glad you brought up the put/call ratios because I am confused as well. I agree there are lots of options trades going on but hasn't there been 0DTE trading all year? I'm just not sure and It seems like a neutral game. 

I'm invested in a 0DTE hedge fund and it's up about 10% this year so I understand the concept; naked calls and puts sold for premium with religious stops, cash out at end of day.

Market climbs "a wall of worry"! 

Thanks Matt,  just so I can track things, is this the higher trade number version of hi mid lo? 

This work by Matt and James on the KISS chart and tables is really great as many have already indicated. 

My thoughts on the KISS charts is that the daily entry signals are too late for me (my trading psyche possibly). On the mechanics of the trade, there are times when the stops (STS) trigger and then price closes back above that trigger. I'm thinking that it may be difficult to get stopped out on an ETF or stock and check again later to see if it went back above to get back in on the same day (I think the KISS charts appeal to those who want to set the stop and forget it). I can see getting an alert or checking the website table and taking 401K type action at the close though (although distance between stop and close could be pretty wide in a fast moving market).

Matt has indicated in the past that the reversion to mean systems could be a way to get into a position early and then get a confirmation from the daily KISS chart eventually then use the stops? I'm wondering if the KISS system can be applied to an hourly chart or some other smaller timeframe in order to get in and then get daily confirmation. Could the shorter term timeframe be added to the table along with the daily KISS chart?

Thanks again for all that you guys do! 

Matt, is this the higher trade number, lower stats system or the other, lesser trades, more profitable, version of Hi, Mid Low? That would be helpful to know. Thanks!