Jim - there is plenty of info on the systems on the page. The XIV trade by nature is more volatile.  The XIV drawdowns will be exponentially larger than the SPY drawdowns and the returns if positive should be much larger as well.  The SPY second entry used to be to use SPY. But matt did the work and found a second entry being in the double long ETF SSO would have better net net returns. 

You should absolutely look and read everything on this site including the Community comments on the system over the years (not the last few days ) to assess doing what you are doing. That is a very aggressive first trade for being brand new here. 

RENKO - Matt the Renko example on the ES was a gem today. thanks for posting that. 

I am sure this has been asked but the page does not automatically update with new points right?

Been in place since about 12.40 pm today and caught the high pullback

Here is the same placement from Friday with the weekend hours taken out - notice how the leg lower bounced on the next spiral then moved up and finally broks - its  alot lower to the next one....

I can go into depth on it but it takes a loooong time to get it. I can show more all day long if you want. It contains prices or the move out of bounds will be contained by next SpirAl. The time placement of the midline is predetermined but that is some next level stuff that I keep close to the hip. I will keep posting these if warranted but one will show up and "work"  every single day. 

Figured I would toss this out there at the end of the day - another way to use Fibs that take time and price into account using the actual fib spiral.

Do yourself a favor -  go view the stats. Then ask yourself if you are capable of sitting tight and letting the system run its course. Notice how many of the second entries have been big winners when the market pulls back from the first 60% position. As for the dividend going ex - I for one am confident Matt is not going to let something that obvious trigger a bad entry. 

dont over analyze the action out of the gate. 

http://market-ticker.org/akcs-www?post=231521

Take a look at the time frames. 

60 Minute Bars

60 min ES had that wonderful 60 RSI touch of the underside 80% band.... started peeling down around 2166.5 - cannot post a pic of it. 

9 DM setup in play today as well. 

Comparison on the Bloomberg demark indicators - 9 is correct.

Just an FYI, I do not have the same count on Demark ES Daily. I think that you have the 13 count coinciding with the 9 count, where, rather, the 13 count does not start until a 9 count is completed. 

what color does the downside buy countdown turn at 13?

Update on the 9-13-9 TLTpattern from the other day - playing out nicely. Notice the 9-13-9 setup on SPY might complete tomorrow," but on the SPU6 future,it completed today--- "things that make you go hmmmmmm."

When these all line up it can be very very interesting to watch....... the 9-13-9 combination pattern is a very good one to watch.