In today's Stock Trading Alert, we wrote:

(...) Therefore, it makes sense to look for an opportunity to sell the rally and ride the very likely downswing all the way to the next important support. Depending on the commitment of the bulls and breaking announcements, we'll manage the would-be open trade accordingly.

As it appears the bulls face stiff headwinds, we're entering short positions at market (3155 at the moment of writing these words) - 100% position size with stop-loss level at 3185 and the binding take-profit at 3025.

Thank you.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care

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