Today´s Market July 26, 2013

ndx2607

Soon after the opening the NDX-1oo shot up, only to experience a sharp drop followed by a constant upward move until closing. Consumer Sentiment came out at a 6 year high, thus giving the market a reason to rally. Next week will be economic data heavy, therefore we will experience lots of volatility. On the energy front, WTI closed 0.75% lower as traders are booking  profits.. Even though today´s trading environment is not favorable for our strategy we feared well and still  maintain the view that  both the NDX-100 and WTI oil are overbought, thus our biased is to short spikes.

Today´s Profit USD 225   (Portfolio Size: USD 25,000)

Visit Past Trades to review our history.

In August we will start placing our trades real-time on Twitter @NDXTrading

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