The final 70 minutes of the day will have the S&P rally over 47 points. During this period there was 4 losing short trend trades, one counter trend short trade, and 2 counter trend long trades. Five of the seven losing trades occurred against the trend of the Yen carry trade. Also, there were still color bars present indicating a lack of some market participants. This would explain the higher number of losing trades, but if you filtered out the short trades, there would have been only 2 losing trades, and at least 10 winning long trades.