The One Million MNS 130 hypothetical results were down -$8,527.50 while the 250K hypothetical results were down -$1,705.50. The Stock Index Portfolio 18 hypotheticals were -$1,880.
The Stock Index Portfolio 18 hit a drawdown entry alert today with a 12.6K drawdown. The risk to worse case drawdown historically based on hypotheticals is about 12K.
The One Million MNS 130 is about breakeven on the week and right at a $28K drawdown. We plan on starting on an intra-day drawdown opportunity tomorrow to start live trading in July.
The Nasdaq Key Reversal signal on July 11 still looks strong. There were three sideways trading days followed by strong selling on July 17, when we saw the biggest one day loss since December 2022. The market has consolidated for four days with very little bounce with 3 of the 4 days closing lower than the day session open.
The VIX closed lower today while the S&P and Nasdaq futures also closed lower. The short term trend is higher in the VIX and lower in the S&P and Nasdaq. The Russell 2000 futures did bounce today and was up 1.16%.
We have added the Sharpe Ratio Calculation to the Portfolio Calculator which will show up on the next update of the Portfolio Calculator.
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