50K Portfolio, 1 Micro SI 40 (LIVE) = +$375
200K Portfolio, 2 Micro SI 40 (LIVE) = +$750
(Based on open positions that can change by the close)
50K Portfolio OLD (Hypothetical) = -$1,025
200K Portfolio OLD (Hypothetical) = -$185
This feels like the most propped up bear market of all time. We were able to reverse shorts and take advantage of the long side today for profits in the Stock Index Portfolio 40. Overall, a pretty weak rebound compared to what we are used to seeing. It was still a choppy market but the Zig Zag indicator is still in a downtrend with a reading of 18 today. Looking forward to a sub 10 handle. The Zig Zag indicator is a better volatility indicator for day traders than the VIX.