Hypothetical Trading System Signals on September 30, 2022 - Momentum Reversal E-mini S&P Short


We ended Q3 2022 today. We paused live trading on September 22 and our live results were down about 3.4% on the quarter.


We continue to observe the market and sit on the sidelines right now. The amount of chop, head fakes, and stop running is a larger percentage of time than what we normally see, making the markets very hard to trade.


Today was the last day of the week, month, and quarter.


Markets started higher and then rolled over. The Momentum Reversal E-mini S&P was the top strategy on the day, capturing a nice move on the short side.


We continue to track the hypothetical results. The 200K Portfolio was down -$2,800 and the 50K Portfolio was down -$700 based on hypothetical signals.


All quarter the markets talked about supporting the June 16 lows which were based on the idea of a "Fed pivot coming soon". It makes sense that the market closed below those lows on the quarter.


Its been one of the most delusional quarters based on sentiment that I can remember. They idea of hyperventilating around every dip because the Fed is about to pivot expresses my observation and explains the choppy nature of the market.


I've never seen such a bullish downtrend.


We trade the markets that we are dealt and work to improve our strategies for this type of market.

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