I AM NOT LOOKING FOR LONGS AT CURRENT PRICES
Today was the first day we traded lower than the previous low in June for the SPX. This 5 days rally was a mix of sellers running out of bullets, positive news, USD weakness and short covering. NASDAQ has some more room to trade higher.
On the other hand, my best system have maintain low exposure to equities here.
I AM NOT LOOKING FOR LONGS AT CURRENT PRICES
PLACE STOPS BELOW CURRENT MARKET PRICES – Contact me if you need more details