We had a decent start to the week, with strength in the Equity indexes, Metals, CAD, and Sugar slightly outweighing our losses in Corn and Crude.

It seems to simply be political instability that is propping up Crude prices, with problems in Nigeria and Iran keeping a bid to the market... If things settle down, we could see a decent sized sell-off. It is interesting to see the weakness in Nat Gas having little or no effect on Crude prices.

Our TNR Model had an excellent day today, trading the chop in both ES and NQ all day long. We entered the market 4 times (2 long, 2 short) in ES, and all trades made money for a combined gain of $572. Even better, NQ had 5 winners for a total of $760. Net total gains on the day were $1332. Tomorrow, we are calling for a Trending day in NQ.

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	$8,971	81
@EC.P	0	$0	0		@CT.P	0	$0	0
@JY.P	0	$0	0		@GC.P	3	$11,940	92
@CD.P	2	$300	1		@SI.P	1	$915	43
@C.P	-6	-$950	3		@HG.P	2	$3,875	160
@W.P	0	$0	0		@LB.P	0	$0	0
@S.P	0	$0	0		@ES	2	$1,450	42
@CL.P	1	$1,650	3		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	2	$1,160	27
		Total Open Trades			$29,311
		Total Closed Trades			-$5,040
		Total			$24,271

Good luck, and have a great evening!