Great, the premarket consolidation hasn't touched our profitable stop-loss order by a long shot, and the S&P 500 trades at around 3135 currently.
Reflecting the very short-term momentum, it's time to lock in some more open profits - please see Position section for details.
Trading position (short-term; our opinion): long position (100% position size) with stop-loss at 3128 (to take us out of the open trade profitably) and the initial upside target at 3220.
Thank you.
Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.
