Hi guys regarding the systems: First off the Strap that went long yesterday for both SPY and ES is going to close out -Remember I said it would be a quickie - still a nice 1 day winner.

The bear long will continue to hold because that momo indicator is green. However, I think there's more risk on this because we are not coming off the lows 500 points ago when that momentum hold condition last triggered. The systems have met their original reversion to mean objective therefore I'm going to go ahead and issue a sell 1/2 order on the bear long trades just to be safe.  Another option would be closing out one of the bear longs (the SPY or ES) then keeping the other one - kind of your choice here.

Matt