Gold and Silver gave up some of yesterday's gains, but it is encouraging that copper was up on the day, so it doesn't look like anyone is making a wholesale move out of metals ... yet. Sugar and CAD also reversed yesterday's trend, and the equities indexes finished about unchanged.

Our TNR model was calling for a trending day in ES today, and we went long at noon. Things were looking kind of grim for a while, but the late day rally allowed us to finish in the money with a gain of $193. So far for the year, our TNR model is acting quite nicely... here is a chart of our equity curve.

TNR is calling for a trending day in NQ tomorrow.

Our positions:

Contract	ctrcts	Open P/L	days on		Contract	ctrcts	Open P/L	days on
@US.P	0	$0	0		@NG.P	0	$0	0
@TY.P	0	$0	0		@KC.P	0	$0	0
@FV.P	0	$0	0		@SB.P	3	-$67	67
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	0	$0	0		@GC.P	3	$8,040	78
@CD.P	2	-$180	18		@SI.P	1	$625	29
@C.P	0	$0	0		@HG.P	2	$3,250	146
@W.P	0	$0	0		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$4,125	28
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	2	$4,040	13
		Total Open Trades			$19,833
		Total Closed Trades			-$4,500
		Total			$15,333

Good luck and have a great evening!