top of page

Trading System Signals on May 24, 2022 - Gap Continuation and Chop Higher

Updated: May 24, 2022


50K Portfolio 1 Micro SI 25 (LIVE) = -$160 200K Portfolio 6 Micro SI 25 (LIVE) = -$950


3 out of 4 S&P strategies were profitable 1 out of 6 Nasdaq strategies were profitable


4 out of 10 of our strategies were profitable today


The lack of a VIX spike seemed to indicate a reversal today with very little follow through selling. The tape felt "scary" and fragile at the open with a gap continuation and I was bracing for a sharp sell off in the market with a VIX spike. Support "magically" came in and propped up the market. The market had a gap down on SNAP earnings. New homes sales were also a disappointing surprise.


With a VIX below 30, I am looking for a move higher overnight and tomorrow. We are ready to trade it either way though and we are flat at the end of the day.

Comments


EXCLUSIVE MARKET AND STRATEGY UPDATES

 Capstone Trading Systems © 2025. All Rights Reserved.

U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

bottom of page