Trading System Signals on March 29, 2022


50K Portfolio 1 Micro SI 25 (LIVE) = -$425

200K Portfolio 6 Micro SI 25 (LIVE) = -$2,700


Choppy bullish rally today. The market rallied based on the potential resolution between Russia and Ukraine. While we hope the violence and war ends, the sell off earlier this year wasn't based on Russia vs. Ukraine but now the market is rallying as if that is the reason in which it sold. Markets can be emotionally immature like that. We follow the money flows either way.


This is probably one of the biggest psychological bounces we have seen as the fundamentals haven't changed for the sell off earlier this year. We have seen 11 days in a row of higher highs or higher lows. 10 of the last 11 days have seen higher highs.


Excess liquidity and non traditional easy money policy since 2009 still makes this bull market better than it would be under traditional monetary policy.


The early chop had us alternating between longs and shorts. We caught the afternoon rally to make up some of the losses giving back half of yesterday's gains though.


We were at new equity peaks yesterday.


What was also notable technically is how the trend was choppier today when the Advance Decline line was much stronger (as compared to yesterday). The Advance Decline line was mostly negative yesterday but the up trend was smoother than the uptrend today.


The market looks toppy based on the choppy price action in a strong advance decline line.


4 E-mini S&P strategies traded today.

10 E-mini Nasdaq strategies traded today.

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