As stocks meekly rebounded to the 2395 area again, it's reasonable to think about the weekend ahead. The headline risk is certainly skewed to the downside and thus it makes sense to position ourselves ahead - please see below the full details.

Trading position (short-term; our opinion): short positions at market (100% position size) with stop-loss level at 2470 and the initial downside target at 2320.

Thank you and have a calm weekend regardless of the headlines once again.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care