Results of Published Model Entries and Exits for Tuesday 01/22

Per the plans published in the morning on Tuesday, our medium-term models’ trades yielded 0.73 index points in gains whereas our aggressive intraday models’ trades gained 20.73 index points on one short trade each.

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 on Friday Morning – Medium-term Models

“For today, Tuesday 01/22, our medium-term models indicate going long on a break above 2678, and going short on a break below 2628 – both sides with a 10-point trailing stop. In addition, models also point to going short on a break below 2670, and going long on a break above 2633 – both sides with a 10-point trailing stop” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:

Tue 01/22:  Booked +0.73 index points in profits on one short.

The S&P 500 Index broke below the 2628 level around 1:10pm, triggering a short position with a 10-point trailing stop. The index reached the session low around 3:05pm at 2617.27, moving the trailing stop to 2627.27. The stop was hit around 3:40pm, closing the short at 2627.27 with a profit of 0.73 index points. The models then stayed flat for the rest of the session as the index stayed under 2633 until the close (the index moved above 2633 level on the last minute bar at 3:59pm, but the medium term models ignore any signals to open new positions after 3:45pm)

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, Tuesday 01/22, our aggressive intraday models indicate going long – with an 8-point trailing stop – on the index crossing above 2658. Models would go short – with a 10-point trailing stop – on a break below 2648”  (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:
Tue 01/22: Booked +20.73 index points in profits on one short trade
The index broke below 2648 around 9:50am EST, triggering a short with an 10-point trailing stop. The short position survived the 10-point trailing stop and rode the index all the way to the session low at 2617.27 around 3:05pm, moving the stop to 2627.27. The stop was hit around 3:40pm, closing the short with a profit of 20.73 index points. There were no additional trades triggered for the rest of the session.
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.