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  • SPX 5 days recap

SPX 5 days recap

randholm
November 18, 2021 10:35 am / Published in Market Update

SPX 5 days recap

The USD moved about 2% higher while US Key indexes were also moving up. I was expecting larger drops on key Index components and that was not the case.

As of now, closing the longs that I mentioned in the last post did not help the overall performance.

Note that the systems did not add short exposure. Sometimes it is better not to trade. I think what was one of those periods.

Tomorrow key options on the portfolio will expire and a new trading cycle will start for me.

The news sentiment is not positive and the markets SPX and NDX are not trading lower in a weekly basis.

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