Stocks are indeed rebounding, and turning the currently open long position wouldn't be ill advised, so let's move the stop-loss level up so as to walk off with a break-even at least. Please see below.
Trading position (short-term; futures; our opinion): long positions (100% position size) with stop-loss at 3361 and initial upside target at 3400.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
