Results of Published Model Entries and Exits for Thursday 01/17
Below, you will find the detailed tracking of our models’ trading plans for today, 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. Always consult a Financial Advisor before making your investment/trading decisions if you are not knowledgeable about these markets. 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, Thursday 01/17, our medium-term models indicate going long on a break above 2635 with an 8-point trailing stop and going short on a break below 2590 with a 10-point trailing stop.
Once a trade is opened and closed through a trailing stop, the models would stay flat for the rest of the session” (click here to read the full forecast and/or verify this claim).
Trading Plan Results/Outcome:
Thu 01/17: Booked +2.06 index points in profits on one long
The index broke above 2635 around 2:45pm, resulting in the a long position with an 8-point trailing stop. Within the next five minutes the index reached the session high at 2645.06, lifting the stop to 2637.06. The stop was hit around 2:55pm, closing the long with a gain of 2.06 index points. As per the published plan, the models then stayed flat for the rest of the session.
Past results this month:
Our medium-term models started the month of December with indeterminate state and stayed out of the markets throughout the first half of the month.
Mon 12/17: Booked +20 index points in profit on a short
Tue 12/18: Booked +9.25 index points in profit on a short
Fri 12/21: No trades
Mon 12/24: No trades
Wed 12/26: Booked +14.75 index points in profit on a short
Thu 12/27: Long entered at 2455, carried to Friday
Fri 12/28: Booked +28.75 index points in profit on a long
Mon 12/31: Booked +56 index points in profits on two shorts and two longs.
Wed 01/02: Booked +13.75 index points in profits on three longs and two shorts.
Thu 01/03: Booked +47.53 index points in profits on three shorts and two longs
Fri 01/04: Booked +9.70 index points in profits on one long
Mon 01/07: Booked +18.00 index points in profits on one long
Wed 01/09: Booked -12.20 index points in losses on two longs
Mon 01/14: No trades triggered
Tue 01/15: Booked -4.92 index points in losses on one long
Wed 01/16: Booked +7.80 index points in profits on one long carried from Tuesday’s session.
Trading Plan/Forecast Published In the Morning – Aggressive Intraday Models
“For today, Thursday 01/17, our aggressive intraday models indicate going long – with an 8-point trailing stop – on the index crossing above 2628; and, going short – with a 10-point trailing stop – on a break below 2604” (click here to read the full forecast and/or verify this claim).
Tue 12/11: Booked +0.50 points in profit on a long
Wed 12/12: No trades
Fri 12/14: Booked +14.25 points in profit on a short
Mon 12/17: Booked +51.75 points in profit on a short
Thu 12/20: Booked +26.5 points in profit on two shorts
Mon 12/24: Booked +50 points in profit on two shorts
Wed 12/26: Booked +9.25 points in profit on a long
Thu 12/27: Booked +62.00 points in profit on three short trades and one long trade
Fri 12/28: Booked +10 points on profit one short and two longs
Mon 12/31: Booked +56 points in profits on two shorts and two longs.
Wed 01/02: Booked +14.75 points in profits on two longs and three shorts.
Mon 01/07: Booked +23.00 index points in profits on one long
Mon 01/14: Booked -11.68 index points in losses on one short and one long
IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:
(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.