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Trading System Signals on 12/04/2023

The Portfolio 49 was down -$2,737.50 today. These are hypothetical results. We continue to wait for a drawdown to start trading this portfolio live.

Gold went 0 for 5 buying the dip and was down -$4,535. Gold had a massive range today. It rallied at the beginning of the overnight session to highs of 2,152.30, followed by a selloff as low as 2038.40 based on the February 2024 contract. The daily range in Gold was over $100. This was the most newsworthy market that we traded today. SR CounterTrends buy pullbacks. This range was just too big today. 

Gold initially rallied with Bitcoin. While Bitcoin's gains held, Gold ended up down on the day about 2% after surging to all-time highs.

The S&P strategies were -$812.50 while Nasdaq only had one strategy take two trades for +$1,150. Viper NQ was the stock index strategy of the day. Silver had two winners for +$1,450 to offset some losses in Gold for the metals. Crude and Natural Gas strategies did not trade.

The Stock Index Portfolio 27 E-mini was up $187.50 for another equity peak (hypothetical not live).

The Stock Index Portfolio 27 Micro was up $18.75 (hypothetical not live) taking the same trades as the E-minis.

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