Live Trading System Signals on August 16, 2022 - Constant V Reversals
- Capstone Trading
- Aug 16, 2022
- 1 min read
Constant V Reversals in both directions today made it a challenging trading day. Today felt more like the typical Monday since April. The 200K Portfolio was down -$2,900 today and the 50K Portfolio was down -$725 today while the monthly results are still up $3,025 on the 200K Portfolio and $710 in the 50K Portfolio.
We were 0 for 7 in the Nasdaq while we were 4 for 4 in the S&P. Some good trades in the S&P helped us offset losses in the Nasdaq.
Today was a pullback from equity peaks yesterday in the Stock Index Portfolio 26.
We are due for a sell off but the energized dip buyers are always there and addicted to buying every dip. The liquidity from the Fed is still in the system and supportive of this one sided behavior that is unnatural in freely traded markets.
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