Weekly Review

Trend continues.

Next week:

ES: 2560+/-5  - 2575+/-5.

NQ> 6050

The return is not bad, huh?

 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	22871.72	23328.63	456.91	2.0	18.0
Nasdaq	6605.80	6629.05	23.25	0.4	23.1
S&P 500	2553.17	2575.21	22.04	0.9	15.0
Russell 2000	1502.66	1509.25	6.59	0.4	11.2

Weekly Review

There was no surprise in the market this week.
Earning season starts again! How fun!

This week ES: 2539-2555.

Next week:   2540+/-5 pts - 2560+/-5pts

 NQ should be above 6050.

Yes, it is a 5 figure profit. It's not my goal anyway. I enjoy it while it lasts.

Weekly review

 I didn't beat the market this week. I managed to collect several thousand dollar since I've been fighting with the trend.

 My estimated range  was

(2505 +/-5 pts --- 2520 +/-5 pts)

But the market was super strong. my upper range was pretty much served as the support.  So I had to cut loss on the short position and I traded a lot this week as well. 

Oh, Well. It's good that I didn't lose money. Hope that I can do better next week!

Next week!

(2530 +/-5 pts --- 2555 +/-5 pts)

Plan: If NQ has 40-50 points pull back, cut loss on NQ short.

Next Wednesday: Fed meeting minutes and  ECB president talks on Thursday.

 

Index	Started Week	Ended Week	Change	% Change	YTD %
DJIA	22405.09	22773.67	368.58	1.6	15.2
Nasdaq	6495.96	6590.18	94.22	1.5	22.4
S&P 500	2519.36	2549.33	29.97	1.2	13.9
Russell 2000	1490.86	1510.23	19.37	1.3	11.3

Where are we now?

Vix: 9.83% up for two days.
Fear index: 92

ES range this week:  2517-2535.75
NQ range this week: 5978-6015.

NFP this Friday.