Don’t kiss away gains in the 500 index…

Don’t kiss away gains in the 500 index…

With the 500 index at the top of the trading range and bonds testing support, please see instructions below. Game Plan…Extra tight stops, to protect the past couple of weeks gains.  Will let the stop-loss harvest for us… if it happens.  With high yields...
Tighten up stops….500 index

Tighten up stops….500 index

This morning I mentioned the 500 index was facing key resistance and to tighten up stops.   See last line in the post below…. 500 index had a good rally earlier today, yet notice how it has faded (took a market snap shot at 12:30 central) and created a sizeable...