Trading System Signals on March 24, 2022 - Dismissive Pollyannas Driving Stocks Up into a Rate Hike


50K Portfolio 1 Micro SI 25 (LIVE) = -$100

200K Portfolio 6 Micro SI 25 (LIVE) = -$650


We rode long trades into the close getting back towards breakeven on the day after a very choppy open. We were still down on the day.


All three E-mini S&P strategies were profitable while all four E-mini Nasdaq strategies that traded lost on the day.


The market appears very dismissive on many uncertainties and bearish fundamentals. Apathy has also set in with the VIX dropping into the 21 handle.


Markets can do this for a long time so we join them in the short term. In my opinion, the market is just trading out of habits the bulls have developed the last two years even though the fundamentals are changing.


We are prepared to trade the market back to all time highs or down to the recent lows from last week. The bulls still have an advantage causing price to go up more than down since the Fed's balance sheet is at all time highs. If inflation remains hot, we could see some surprise hawkishness from the Fed that may send the market lower. We are ready to short this market to new lows on the year as well.

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