Results of Published Model Entries and Exits for Monday 01/28

Per the plans published in the morning today, our medium-term models did not trigger any trades as the index traded within the bounds published. Our aggressive models triggered two short positions with 4.94 index points in profits.

Below, you will find the detailed tracking of our models’ trading plans for the day, as well as the results for the last month:

NOTE to the novice: The index by itself is NOT tradable. The model plans here based on the S&P index level can be used to trade any instrument that tracks the index – the futures on the index (ES, ES-mini), the options on the futures (ES options), the SPX options, the ETF SPY are just a few examples of the instruments one can adapt these plans to.

These plans and results are hypothetical and NOT an investment advice to buy or sell any specific securities but are intended to aid – as informational, educational, and research tools – in arriving at your own investment/trading decisions. 

Please read the full disclosures at the bottom of this article for additional notes and disclaimers. 

Trading Plan/Forecast Published In the Morning – Medium-term Models

“For today, Monday 01/28, our medium-term models indicate going long on a break above 2652, and going short on a break below 2623 – both sides with a 10-point trailing stop” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:

Mon 01/28:  No trades triggered.

The S&P 500 Index traded well within our medium term models’ published bounds of 2652 and 2623 (with session low and high at 2624.06 and 2644.97 respectively). Consequently, there were no trades triggered by the medium term models for the day.

Past results this month (hypothetical trades based on the trading plans published before markets open daily):

Trading Plan/Forecast Published In the Morning – Aggressive Intraday Models

“For today, Monday 01/28, our aggressive intraday models indicate going long on the index crossing above 2650, with an 8-point trailing stop. Models would go short on a break below 2642, with a 10-point trailing stop” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:
Mon 01/28:  Booked +4.94 index points in profits on two short trades.

The S&P 500 Index broke below the 2642 level in the very first minute of the session, triggering a short position – with a 10-point trailing stop – as per the published trading plan of our aggressive intraday models.

The index reached an interim low of 2628.32 by 10:05am, lowering the trailing stop trigger to 2638.32. This stop was hit around 10:45am, closing the short with a profit of 3.68 index points.

The index broke below the 2642 level again at around 3:20pm, triggering another short position with 10-point trailing stop. As per the standard protocol of the agressive intraday models (and, as published), the models closed this short position at 3:45pm (to close the day flat), at 2640.74, for a profit of 1.26 index points. The models stayed flat for the rest of the session.

Thus, the aggressive intraday models booked a net profit of 4.94 (+3.68 +1.26) index points on two short trades.

Past results this month (hypothetical trades based on the trading plans published before markets open daily):

 

NOTE: Remember that a “trailing stop” works differently from the traditional stop-loss

order. Please bear in mind that the trailing stop’s trigger level would keep changing throughout the session (click here to read on the conceptual workings of a trailing-stop).

IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:

(i) This and other articles in the blog contain personal opinions of the author and is NOT representative of any organization(s) he may be affiliated with. This article is solely intended for informational and educational purposes only. It is NOT any specific advice or recommendation or solicitation to purchase or sell or cause any transaction in any specific investment instruments at any specific price levels, but it is a generic analysis of the instruments mentioned.(ii) Do NOT make your financial investment or trading decisions based on this article; anyone doing so shall do so solely at their own risk. The author will NOT be responsible for any losses or loss of potential gains arising from any investments/trades made based on the opinions, forecasts or other information contained in this article.

(iii) Risk Warning: Investing, trading in S&P 500 Index – spot, futures, or options or in any other synthetic form – or its component stocks carries inherent risk of loss. Trading in leveraged instruments such as futures carries much higher risk of significant losses and you may lose more than you invested in them. Carefully consider your individual financial situation and investment objectives before investing in any financial instruments. If you are not a professional trader, consult a professional investment advisor before making your investment decisions.

(iv) Past performance: This article may contain references to past performance of hypothetical trades or past forecasts, which should NOT be taken as any representation or promise or guarantee of potential future profits. Past performance is not indicative of future performance.

(v) The author makes no representations whatsoever and assumes no responsibility as to the suitability, accuracy, completeness or validity of the information or the forecasts provided.

(vi) All opinions expressed herein are subject to change at any time, without any notice to anyone.