The updraft in market sentiment that is trade-negotiations is losing steam. Today's action set new highs for the broader market but also gave evidence of resistance at key levels. The indices may move higher in the near-term as trade talks progress, the longer-term outlook is still bullish but includes a possible retest of December 2018 lows.
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