I don't think it was so much a matter of keeping rates down as it was to provide liquidity to the system. Evidently spreads in the Treasury market were starting to blow out. I think right now it's about trying to maintain an orderly market in Treasuries more than it is about the level of rates. Although in the end money is money.

Massive Fed Intervention, something like 1.5T

Good article on the oil price/debt war that has developed. It occurs to me that for all we know some very large financial institution could get Lehman Brothered in this...someone overexposed to oil financing or oil related debt. I would also expect some attempt at coordinated CB interventions by the time we open tomorrow. Scary times. I wouldn't want to try to compete with the super-computers algos tomorrow morning!

https://www.bloomberg.com/opinion/articles/2020-03-09/oil-crash-saudi-arabia-s-price-war-worked-once-but-may-backfire

Matt that looks great -- are those stats for all entries combined for each trade type?

Now seeing a nice big hammer up almost a half a percent in the SPX futures.

Matt -- Thanks for laying everything out so clearly.

Thanks. Have a great weekend!

Matt, thanks for all the great work. Do you use the second version because it has smaller drawdowns? The drawdown stats don't show here unless I'm missing something?

And here's Silver on the LT chart like gold, not even remotely close to the  38.2 Fib of the bear market. A different animal than gold.

Matt, again great spreadsheet, will you be posting future entries when they are made?

Hey Matt -- Thanks for the spreadsheet -- that's fantastic!!!

Maybe this was already posted or in a newsletter  but I just noticed that we are at the 61.8 Fib retracement of the whole bear market in gold. Important level.

Great story. Fascinating. Thanks for posting!

Guess this was the quick dump about 20 minutes ago

Chinese trade negotiators cancel US farm visit, cut trip short

thanks for the update

Matt -- Is the SPY System looking to exit today? Yesterday in the morning you posted it was looking to exit but clearly that didn't happen. Thanks

That's a great question Steve! I'd love to hear some central bankers explain that, LOL

Sorry Matt -- good luck on getting yourself sorted out. Your insurance agent should be your best friend now. They should send a remediation company over ASAP to start the whole process.

Fabulous! Thanks

That's great, Matt -- thanks!