Unemployment claims just arrived, and they didn't come in below expectations. Crucially, the continuing claims continue declining. The potential for a short-term downswing has decreased - today and for today. Let's rejoin the long side - please see the details below.

Trading position (short-term; futures; our opinion): long positions (100% position size) (entered at market, which is 3565 currently) with stop-loss at 3545 and initial upside target at 3575 are justified from the risk-reward perspective.

Thank you.

Monica Kingsley
Stock Trading Strategist
Sunshine Profits: Analysis. Care. Profits.