The market continues to remain very dull today. The VIX closed at 15.41. The market had some spikey moves down but those moves were quickly supported. On the long side there were not many rallies either. The ranges were very narrow which continues to be bullish. Tomorrow there are three economic news reports at 8:30 am EST and Jerome Powell speaks at 9:20 am EST. Friday, there are two economic news reports at 8:30 am EST. The second half of the week could have more price action than the first half. There are only 3 trading days left in the month and in the quarter so if the market is going to make a move before the end of the month/quarter, it is in a "time" squeeze.
We traded the Stock Index Portfolio 18 today. We show a gain of +$325 in the One Million MNS and $65 in the 250K Portfolio. The hypothetical results for the Stock Index Portfolio was $240 per E-mini with approximately 1/10 of the amount in the Micros.
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