Stocks have powered higher in the latter half of yesterday's regular session, and just made two red candles on the hourly time frame. Should the current hourly candle's stabilization fail, it would be advisable to stand close to the exit door. Please see below.
Trading position (short-term; futures; our opinion): long positions (100% position size) with stop-loss at 3320 and initial upside target at 3345 (overnight high).
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
