Live Trading System Signals on 11/11/2024

Happy Veteran's Day to our military veterans! It was a 'partial holiday' with the cash bond market closed while all other markets remained open.

The One Million MNS 105 was down -0.28% while the 250K Portfolio was down -$550 in live trading. The Stock Index Portfolio 18 hypothetical results were -$2,865 per E-mini and -$293 per Micro. I would give this portfolio one more day to "bounce" with the cash bond market closed today. We are also working on some updates.

In general, the shifts around the election in this market have been more antagonistic to the normal mode and patterns we have seen in the market. We paused trading last week during the election and FOMC and have a low winning percentage of days since mid-October. We have managed to keep our losses small and anticipate that our strategies will align with the normal mode of the market soon in anticipation of a strong run up.

The broader markets continue to rally and remain strong, but the market internals are still strange with the Advance Decline line continuing to have a weak close relative to the rally in the indexes. The Nasdaq continues to close below its day session open. Last week's rally during the day session was more of an anomaly since the sum of the day session is down on the year while the market is up based on the overnight moves.

The day session bear market and weak advance decline line would indicate the market should pull back but the liquidity likes to shock the market with a buying spree on sell signals so we have to anticipate both sides of the market.

We continue to revise our setups to align with this market. The cash bond market being closed today does seem to affect the tone of the market. We are looking forward to tomorrow's trade as it will be a full session with no holidays and one week since the election. I am anticipating more favorable price action.