I saw the 60 min system go long but it was too late because I didn't have the automated system turned on...

this year has been tough for the rsi 2 systems because of the unending grind higher of the market...perhaps things will start to change

Hi Matt, so is the XLE/OIH system still long?

My condolences to your family Matt.  Thanks for all you and Steve do in the midst of all the stuff that happens in life.

Matt, I hope your father makes a speedy recovery.

It would take away one of the big advantages of iOS over Android, which is that iOS is much more SECURE (in terms of vulnerabilities, malware, etc.) because it operates in a sandbox

Yes that would be great if you could post the orig SPY system too- thanks Matt

high-yield market tends to give clues to overall stock market...thanks for those charts

If the system works, let's not worry about it ;-)

the RSI 2 systems wouldn't go short the S&P because the market is in a strong uptrend and above its long-term moving average in the system

yes that's how I'm reading it- Dec 18 is when it went positive at 1448

In my retirement account I use a combination of 3 of the indicators from this section: Stochastic 60 Period/50%, Histogram 25/170/25, and the 13/34 EMA.  Recently I was 2/3 invested (before this melt-up today) using the Stochastic and 13/34.  The Histogram appears to be the safe one on buys (just like MACD's are not as fast other indicators), keeping us out of the fiscal cliff downturn but today it is confirming the buy signal recently using the confirming candle method from Matt.  All in all, I'm pretty happy with using these 3.

Thank you Zach06.  Sounds like KOL ETF is a better way to play the China (and thus Coal) recovery since it eliminates the company risk.  I really like WLT, personally.

Shanghai Composite components traded in the US

I realize there are no good ETFs to play Shanghai, except for maybe CAF, but there are some stocks like GSH and ACH (that comprise the top 50 stocks in the SSEC) that look like they have formed bases and may benefit from a continued Shanghai composite recovery....

Matt or Steve, can you update us on coal stocks whenever you have a chance?  Seems like they are showing signs of life...thank you.

it's a very cheap and unique coal stock with a good unique position in the industry

I'm always impressed by your passion to discover new ways to trade, thank you Matt