Trading System Signals on March 16, 2022 - Choppy FOMC Day

UPDATE: The final results were better by the close than in the video

50K Portfolio 1 Micro SI 25 (LIVE) = $ Breakeven

200K Portfolio 6 Micro SI 25 (LIVE) = -$250

From the video (20 mins before the cash close)

50K Portfolio 1 Micro SI 25 (LIVE) = -$300

200K Portfolio 6 Micro SI 25 (LIVE) = -$2000

*Still open positions

FOMC day with a 400 point pullback in the Nasdaq and 100 point pullback in the S&P.

The Fed gave us the expected rate hike of 0.25%. The pullback was interesting and would normally indicate a suprise in expectations with the size of the pullback.

We were up on the day on the long side early on with some nice gains. As the market rolled over, we became net short and were up on the day. The market reversed again and we are net long into the close.