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On Aug 23rd I posted on the Trading Community that this 'test' version of the bear long on the QQQ was taking a position on the open of Aug 24th. This trade was not officially sent out to the website since it is in testing phases, however since I posted it on the Trading Community quite a few of you decided to follow the trade. 

This version of the Bear Market enters trades on the following morning instead of at the close. It's something that I'm testing for future systems because of the appeal of not having to hurry to get the trade signals out before the close and avoiding that mad dash. The appeal is that you would receive trade signals to the systems and instead of having to quickly enter the trade by the close or in after hours, instead you would enter on the next morning's open. 

Anyway the trade closed out this morning on the open, it looks like I have a bug on my trade indicator here as it wasn't showing me an exit last night for this morning, I'll resolve that today (that's why it's in testing phases)

as you can see the QQQ bear long (next day open system) exited this morning on the open

the image below shows the system exit

Matt

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

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