MONTHLY UPDATE : SPY.....LONG

SPY finishes the quarter up 1.23 % ( including all distribution payment). As expected September continues to be a volatile month for the markets( Volatility = 9.3% for Sept.). With earning season around the corner , I expect the same volatility for the month of October.

The SPY continues to trade in a channel, and should stay within these limits ( we 'll see). More importantly, the SPY is still above it's 200 MA , so this trade remains open.

YTD return = 8.2 %
Return since signal generated = 65.99 % ( includes all distribution payments)

Cheers

Algo