JUNE BOT ANALYSIS

It's in the chat rooms and in the media: June was a terrible month, red ink everywhere. Traders are looking to July to save them.

BOT traders have a different story.



DAY TRADING THE ES:

If you could perfectly predict long days, and buy the open and sell the close, you had an opportunity to make 109 points. If you could predict the short days and sell the open and buy the close, you had an 135.5 point opportunity. But we know that does not happen.

But, if you simply bought all the opens and sold all the closes in June you had a net loss of 26.5 points.





DAY TRADING WITH BOTS:


If you followed the BOT postings, and took long BOT BO's and sold at the close, you had an opportunity for 77.75 points.

If you followed the BOT posting and looked for the short BOT BO's, you had an opportunity to add 110.75 points.

BOT trading JUNE provided an opportunity for a total of 188.5 points.


Today, the first day of July trading, the open to close was +19.75 points, and the LB to close was +17.75.


July should be a very good month.