STRATEGY UPDATE | JULY 29, 2026

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Trading System Signals for July 29, 2026

FOMC Day Trading

The Fed kept interest rates the same at yesterday's FOMC meeting. The market rallied and then sold off as 30 Year Bonds surged. Crude Oil also bounced back to the mid-80's. The late day selling in the stock market took the Nasdaq futures to 50% retracement levels from its late March lows to its early June highs.

It was interesting to hear Jeffrey Gundlach, the Bond king, say "IPOs are a dumping ground for founders" in his post FOMC CNBC interview.

V-Reversal Drawdown Analysis

V-Reversal was down again on the day. The most interesting stat for V-Reversal is that the long trades are down -25.5K when setting it up as long only while the short trades are +10.5K when setting it up as short only. V-Reversal has had one of its best months on the short side but it is down overall since most of the trades are long losers.

V-Reversal is right at a worse case drawdown similar to 2020.

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DAILY REPORT

Hypothetical Trading System Signals for July 29, 2026

Results shown are hypothetical and do not represent actual client-account performance.

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 Risk Disclosure: Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Actual results may differ materially from hypothetical results. Futures trading involves substantial risk and is not suitable for all investors. Past performance, whether actual or hypothetical, is not necessarily indicative of future results. Drawdown figures are based on end-of-day calculations and do not reflect intraday drawdowns. Only risk capital should be used for futures trading.