Hello everyone, very nice trade from the Hi Mid Lo short sub system that closed out today, first image
Coming into today we had a Demark 13 on the VIX, and a rising wedge with negative divergence on the SPX. Short term things are oversold and could bounce, or if momo catches on things could tumble further. See attached images of the SPY Hi Mid Lo short system, SPX 60 min View, and VIX Demark 13. Very nice system trade, you could still close out here in after hrs, or just hold with a stop.
I have to run out for several hrs, thus the newsletter will be coming out later this evening,
Matt