The indices fell in today's action as profit takers begin cashing in on recent gains. The word that negotiators were closing in on language that could end the trade war did not spur risk appetite. Considering that first quarter earnings are expected to show negative growth a trade deal may be a buy-the-rumor-sell-the-news event.
Stop Loss Updates
Check the graphic below for any new stop losses in bright yellow.
We need to always be prepared for an unexpected decline.
Check the graphic below for any profit stops in green.
We need to always be prepared for a profit exit at resistance.
Current Position Changes
Full updates on all plays on Wednesday and Saturday. Only closed plays are updated on other days.
BULLISH Play Updates
No Updates to Current Positions
BEARISH Play Updates
No Current Puts