Anticlimactic close to the week after yesterday's price action. In retrospect, it looks like a playground for the market makers to spike volatility on CPI and then crush volatility the next day. I anticipated a big up move or a complete give back today. The market settled near Tuesday/Wednesday's closing price and felt like a boring summer trading sessions the last two hours.
Even though the market was down almost 3% the move was back to the closing range of Tuesday and Wednesday. The Nasdaq futures closed below Wednesdays close while the S&P closed above Wednesdays close.
The fundamentals of the market seem much more dynamic than the static price action that the closes represent.
Overall, a gap fill strategy would have done really well the last two days.
The hypothetical loss for the 200K Portfolio was -$625 and -$187.50 for the 50K Portfolio. Robot 2022 NQ traded live today and was down -$362.40 in the 200K Portfolio and down -$116.65 in the 50K Portfolio.
Cobra III E-mini Nasdaq had the trade of the day, hitting its 145 point profit target shorting the Nasdaq and reaching brand new equity peaks.