The S&P 500 gained in the overnight session, and it's likely we'll see a test of the bullish resolve going into the U.S. open and probably also at the regular session's start. This makes it justified to lock in some more of our open profits - please see the Trading position section for details.
Trading position (short-term; futures; our opinion): long positions with stop-loss at 3279 and initial upside target at 3300.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
