The runup to the closing bell of Friday's session was a disappointing one for the bulls - and for the reasons discussed in tomorrow's regular Stock Trading Alert, I think we may very well be on the doorstep of a more risk averse and more bumpy road ahead for the bulls.

As such, it makes sense to take advantage of premarket session moves, should they come as they did precisely a week ago. Please see the Trading position section for full details.

Trading position (short-term; our opinion): long position (100% position size) with stop-loss at 2570 and binding take-profit at 3115.

Thank you and have a nice rest of the weekend.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.