Hello Everyone,
First off nice trade for the SPY system as it closed out today from the long last Wednesday
Quick Notes: No major technical changes to what I discussed in the weekend newsletter on Sunday. The markets did manage to recover off the morning lows with the Dow managing to close positive +0.3%, while the SPX closed just slightly in the red -0.09%. The Nasdaq lost -0.6%, while the Small Caps Russell 2000 once again got pummeled losing -2.8%! High Yield Corporate Bonds were up, which is a positive, though the 10 Year Yield was up and so we have to keep an close eye on that.
Cryptos were up today, while gold and silver were down. However the stocks outperformed and I see a few lower risk trade setups here
Reminder: Steve will be back in the swing of things tomorrow
Matt
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3/28: SPX DVT = 3775