The downside S&P 500 momentum appears to be losing steam in the very short-run, making it justified to rejoin the long side - please see Trading position section for details.
Trading position (short-term; futures; our opinion): long positions (100% position size) (at market, which is 3230 currently) with stop-loss at 3200 and initial upside target at 3300.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.