Hey Guys,
The market paused its ascent and has been hanging out in a range for the last 24 hours. The MES futures, which correlate with the S&P 500 market index, have been kind of magnetized to the 4400 price level.
One of my futures positions reached its time limit today (along with the corresponding SPXL trade), so I closed that position manually this morning. It resulted in a nice profit.
I also picked up yet another new futures position. The futures trade strategies just keep firing. This one was for the strategy MT 97, which is depicted in more detail on this page. I also picked up the corresponding SPY options position this morning.
I thought RCL might hit our target entry today, but it didn't. There are clearly stocks starting to pile into my "uptrend scan" now, so I'd be surprised if we don't start to see some good ol' standard stock and options trades setting up shortly.
If you have any questions or feedback, I'd love to hear from you.