From April 8 - April 21, today, we have only seen one day where the market traded below the previous day's lows on the 24 hour E-mini Nasdaq 100 futures. There was some aggressive selling at the end of the day today, but the session lows were still about 15 points above yesterday's session lows.
From April 9, through yesterday, April 20, our V-Reversal NQ trading system took 8 short trades. All 8 shorts in that time period were losing trades (there were some long winners mixed in that time period). Today was a mean reversion day and V-Reversal captured a nice short. Since the nearly "straight up" 3700 point runup in the Nasdaq 100 since March 31, trying to even catch a 100 point short intra-day has been a challenge. It speaks to the nature of the trend and how unusual it is to capture some mean reversion in a range that large.
With the market holding at highs, there is possibly another extended move higher but I anticipate some more mean reversion trades in the short term. By nature of the strategy, mean reversion has a more challenging time in extremely strong trends.
A few of the portfolios had a small bounce/gain after a recent rapid drawdown off of their equity peaks.
Hypothetical Trading System Signals on 04-21-2026
25 System Portfolio NQ =+$5,700
7 System Portfolio NQ = +$805
3 System Portfolio NQ = +$1,975
2 System Portfolio NQ = +$1,975
Stock Index Portfolio 18 = -$5,945
Diversified Portfolio 57 (NQ Only) = -$7,015
Silver Portfolio = +$1,700
50K Portfolio (Micros) = +$345 (without Gold and Silver)