Trading System Signals on March 23, 2022 - Shorting the Market
- Capstone Trading
- Mar 23, 2022
- 1 min read
50K Portfolio 1 Micro SI 25 (LIVE) = +200
200K Portfolio 6 Micro SI 25 (LIVE) = +$1,600
We are flat at the end of the day and around breakeven on the week as Tuesday's and Wednesday's trade have made up Monday's losses after hitting equity peaks in the Stock Index Portfolio on Friday.
The end of day sell off helped us out since we were short.
We had a variety of long and short trades and were up about $2500 per 200K at the highs of the day. We gave the gains back and went down on the day as we rotated from net long to net short.
It looked like a prop up type of day that we have become familiar with. The market did break down the lows at the end of the day. Monday and Wednesday were prop up days that should have pulled back even more in my opinion. The market is in its "perfection" mode where it tries to go up everyday or at least support the previous day's lows. Today was the two year anniversary since the pandemic lows after the massive stimulus package from the Fed.
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