A second day of dollar strength is having a negative effect on some commodity prices. The metals closed down, as did the grains and Sugar and Cotton. Bond prices were also off, on fears of further Fed tightening. Those fears also hurt equity prices today, but the major indexes closed well above their lowest levels of the day.

Our TNR model was in neutral for both contracts today, and tomorrow we are again calling for neutral in both 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	$1,519	41		@KC.P	-1	$1,469	17
@FV.P	-4	$9,050	98		@SB.P	0	$0	0
@EC.P	0	$0	0		@CT.P	-3	$6,820	50
@JY.P	0	$0	0		@GC.P	0	$0	0
@CD.P	3	$3,460	45		@SI.P	0	$0	0
@C.P	-5	$425	5		@HG.P	2	$56,450	265
@W.P	0	$0	0		@LB.P	-1	$944	23
@S.P	0	$0	0		@ES	0	$0	0
@CL.P	0	$0	0		@YM	0	$0	0
@HO.P	0	$0	0		@NQ	0	$0	0
		Total Open Trades			$80,137
		Total Closed Trades			$3,815
		Total			$83,952

Good luck, and have a great evening!