50K Portfolio 1 Micro SI 25 (LIVE) = -$695 200K Portfolio 6 Micro SI 25 (LIVE) = -$4100
1 out of 5 S&P strategies were profitable 3 out of 9 Nasdaq strategies were profitable
4 out of 14 of our strategies were profitable today
FOMC minutes and earnings today. Very twisty, turning, choppy, stealth up trend.
The longer term trend and real value in the major stock indexes is much lower based on my analysis. Markets don't move in a straight line though so I had anticipated more of a bear market rally at these price levels and time cycle. I am surprised at the weakness in this bear market rally.
We do know that fast and furious bear market rallies have been mean reverted quickly. The bulls often times work to slow it down and create a more stealth up trend. The market looks weak and it looks like it could rollover here but it may surprise to the upside.
We are flat at the end of the day and ready to take long or short trades for tomorrow's session.
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