What a difference a day makes! Everything that seemed to be going right yesterday moved the exact opposite direction today. Grains had a strong showing thanks to some revised weather reports showing dry growing conditions to persist in the intermediate term. Bonds were up on weaker than expected housing data, and Copper fell along with the rest of the metals. The metals had a very poor showing, opening up and then collapsing after Gold failed to breach the all important $600/oz level.

Our TNR model was calling for a Trending day in both ES and NQ, and that is what we saw. Our NQ model was whipsawed a bit at the end of the day, but we managed to make a total of $877 on one trade in ES and 3 in NQ. Tomorrow we are calling for a Neutral day in both contracts.

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	$1,581	44		@KC.P	-1	$1,619	20
@FV.P	-4	$9,113	101		@SB.P	0	$0	0
@EC.P	0	$0	0		@CT.P	-3	$9,025	53
@JY.P	0	$0	0		@GC.P	0	$0	0
@CD.P	3	$2,650	48		@SI.P	0	$0	0
@C.P	-5	$1,738	8		@HG.P	2	$58,325	268
@W.P	0	$0	0		@LB.P	-1	$1,472	26
@S.P	-3	-$1,475	1		@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			$84,047
		Total Closed Trades			$3,815
		Total			$87,862

Good luck, and have a wonderful evening!