The very short-term swing structure makes it likely that we'll see a rebound in the S&P 500 later today, making it justified to open a long position with the following tight parameters.
Trading position (short-term; futures;Â our opinion): long positions (100% position size) (opened at market - that's 3018 currently) with stop-loss at 3002 and initial upside target at 3120 are justified from the risk-reward perspective.
Thank you.
Monica Kingsley
Stock Trading StrategistSunshine Profits: Analysis. Care. Profits.
