Exit Long Yen ($6J_F) 5/21 -$1,850.00 per contract
It’s been two months since we had an exit signal on the futures portfolio, usually an indication there are some strong trends underway, and while that’s the case elsewhere with equities, bonds, and live cattle, it wasn’t the case here in the Yen at all. It didn’t do much of anything for the longest time, and after looking like it was about to resume higher it slid back in the last week culminating in a steep move through our stop today to trigger an exit for a loss of $1,850 per contract.
Long 30yr ($ZB_F) 2/3 +$6,000.00 per contract
Long Live Cattle ($LE_F) 3/28 +$6,530.00 per contract
Long S&P ($ES_F) 5/13 +$3,887.50 per contract
Long NASDAQ ($NQ_F) 6/26 +$3,090.00 per contract