S&P 500 prices rebounded, making it justified to improve the risk-reward ratio in this trade - please see below.
Trading position (short-term; futures; our opinion): long positions (100% position size) with stop-loss at 3374 and initial upside target at 3400 are justified from the risk-reward perspective.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
