“TOT daily traders are 200% long from SPX 2363.65. The SPX is currently about 2388. A very good morning indeed and consistent with what on said on today’s hotline; i.e. ” I expect to see the market hit new highs on Wednesday.” However, I think the fireworks are about done. Use a very tight stop at SPX 2385. If the SPX rises to 2395 before getting stopped out, raise the stop to 2390. And if the SPX gets to 2398, take your profit. If still long as we approach the close, take your profit on the close.
Thanks for the opportunity to be of service, and I’ll email you again in about 16 hours — or sooner if circumstances warrant.
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