The Nasdaq 100 opened up 12 out of 14 of the last days and the 24 hour day session futures only traded below the previous day's low one time this month on FOMC Day this past Wednesday. The Nasdaq 100 is less than 150 points from 25,000, I thought we might see a strong move into the close today or even on Sunday night when the futures like to rally. 25,000 may also be a good profit taking point and top as next week represents strong seasonal weakness and 25,000 is a big "psychological number".
The Two System Portfolio NQ continues to be a highlight with a small short winner on the V-Reversal and a small long winner on Gap Continuation in todays trade. The screenshot below represents two contracts traded.
Hypothetical Trading System Portfolio Signals and Results:
Two System Portfolio NQ = +$750
Stock Index Portfolio 18 = -$970
Stock Index Portfolio 37 = -$470
Diversified Portfolio 57 = -$180
Silver Portfolio = +$4,400