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Hello and good morning everyone.  As I discussed on the weekend, the Trend/Pullback sub system took a 1st entry long on Friday. I had to leave Friday afternoon and wasn't here to send the trade signal. 

That said futures are slightly lower this morning, thus I'm issuing the trade alert now for the position to be entered on or after the market open. For the website I'll show $10K of the SPY ETF.

here's my post from the the Trading Community on the weekend, and you can look over the system stats etc. The Trend/Pullback can take up to 3 entries and at times can be early. If the scenario that Steve Nelson discussed on the weekend plays out, then the market is likely to bounce slightly then decline again in that wave c, and if that happens the system may end up taking a 2nd or 3rd entry if that pullback were to be deep enough, just giving a heads up on that possibility. All the other 21 systems remain in cash for now

Matt

Providing high quality market analysis with an emphasis on technicals education since 2003.

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