The S&P 500 outlook remains bullish, and the very short-term price action is making it justified to cash in open profits (at market, which is 3491 currently) with view to rejoining the long side rather shortly if warranted. Stay tuned
Trading position (short-term; futures; our opinion): no positions are justified from the risk-reward perspective.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
