Reflecting the HYG ETF upswing and neutral daily performance in IWM and EEM ETFs, it makes it justified to decrease risk in the open position, and update the trade parameters, please see below.
Trading position (short-term; futures; our opinion): long positions (100% position size) with stop-loss at 3305 and initial upside target at 3335, then 3400.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
