The rebound is unfolding just fine, and it certainly makes sense to ride the momentum and milk this profitable trade even more. That's why we're updating the position parameters - please see trading position for the full details.

Trading position (short-term; our opinion): long positions (100% position size) with stop-loss level at 2500 and the binding take-profit target at 2620. It means that we've locked in profits while allowing them to grow even further.

Thank you.

Monica Kingsley

Stock & Oil Trading Strategist

Sunshine Profits - Effective Investments through Diligence and Care