Nasdaq shorts and Gold longs were the highlight of the day. The hypothetical results for the One Million MNS 130 was -$912.50 while the 250K hypotheticals were -$180. The Stock Index Portfolio 18 hypotheticals were +$1,045. The current One Million MNS 130 drawdown is approximately -17K with the last equity peak, last Wednesday. The current Stock Index Portfolio 18 drawdown is approximately -$3,600. So far, this month, the strategies have not had much of a drawdown.
I am working on the NinjaTrader 8 version of the Stock Index Portfolio 18. I am also working on an Excel integration tool to display all results live intra-day for the trading system signals.
It was a bouncy choppy sell off, similar to the sell offs we have seen in the past. The dip buyers were bold several times as buying shallow dips has been working for the bulls for a long time. The VIX was up another 10% today, closing at 15.93. The threshold that seems to make a difference historically is when the VIX remains above 17.
The Nasdaq strategies were +0.5% today, mostly on short trades in the One Million MNS 130. The other strategies generated losses on the day the net results = -0.1% on the day. Some of the top short signals were V-Reversal 2024 II Long Short = +$1,975, VSD Mean Reversion NQ = +$2,710, and Tick Count Trend 2020 NQ = +$2,305. The Nasdaq had some additional losing trades. These were the two top Nasdaq shorts on the day in the image below.
After the first hour, intra-day, there was some mean reversion based on the 10:45 EST prices.
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