The S&P 500 bulls are struggling right after the open, and so do the credit markets, making it justified to take profits off the table (at market, which is 3334 currently), and wait for another opportunity.
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.
