A big fade in equities today, despite the fact that the man that made Goldman Sachs such a powerhouse is now taking over the U.S. Economy (or at least the Treasury department). The only real other news was copper actually declining in the face of rising Gold and Silver prices. That is a bit unusual these days, and could signify something a bit more ominous going forward.

The continued weakness in Coffee has finally piqued our interest, and we sold 1 contract of July Coffee short at the close. That position will appear in tomorrow's reports.

Our TNR model had a nice day today, calling for a Trending day, going short, and riding both contracts (ES and NQ) down until our 4:00 PM exit time. We made a total net profit of $1357 on two trades. Tomorrow we are calling for a Reversion day in ES and NQ.

Our open 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	-2	-$263	24		@KC.P	0	$0	0
@FV.P	-4	$5,925	81		@SB.P	3	$0	0
@EC.P	0	$0	0		@CT.P	0	$3,370	33
@JY.P	0	$0	0		@GC.P	3	$37,530	180
@CD.P	3	$8,530	28		@SI.P	1	$19,860	131
@C.P	0	$0	0		@HG.P	2	$83,700	248
@W.P	0	$0	0		@LB.P	0	$691	6
@S.P	-3	-$350	5		@ES	2	$0	0
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	1	$2,765	34		@NQ	0	$0	0
		Total Open Trades			$161,759
		Total Closed Trades			-$26,915
		Total			$134,844

Good luck, and have a great evening!