The market gapped up on Monday's Memorial Day session when the futures were open and stocks were closed. The gap held and moved higher during Tuesday's trade as Micron (MU) crossed $1 Trillion in market cap.
The one divergence today was in the VIX which was up on the day while the market was also up. It will be interesting to see Thursday's and Friday's trade if we get 1 or 2 more days like that.
The indexes continue to be stronger and more one sided than I can remember with the semiconductors leading the way. Notice the difference between the Bull and Bear 3X ETF SOXL and SOXS.
The NQ Open Range 2026 had a nice long gain on the day to offset the loss on V-Reversal in the Two System Portfolio. I am still looking for NQ Open Range to have a nice contrary short signal for a pullback/correction day. The NQ Open Range 2026 short signals are stronger than the long signals historically, even in this bull market. The last 7 short signals have been losers but this is normal in this type of strategy. We can see the Tradestation Trade Analysis for this below for the short side only on NQ Open Range 2026.
The hypothetical performance summary for the short only side is next inclusive of $25 round turn slippage and commission and still with a $352 average trade profit.
This was today's NQ Open Range Long trade. You can see the volatility in this market and how the gains were given back and then re-established. Watching this intra-day leaves you feeling as if it should be micro managed. Every idea I test to make this "feel" better ends up making it worse.
Hypothetical Trading System Signals on 05-26-2026
25 System Portfolio NQ = -$4,320
7 System Portfolio NQ = -$3,680
3 System Portfolio NQ = +$1,730
2 System Portfolio NQ = -$630
Stock Index Portfolio 18 = -$695
Diversified Portfolio 57 (NQ Only) = +$1,455
Silver Portfolio = +$3,725
50K Portfolio (Micros) = -$454 (without Gold and Silver)