Currently: Short Looking to: Cover @ 2,836
As of 9/14/18 close: 2906.00
UPDATE: Last week, I suggested buying @ 2,856.50 with stops < 2,854 and with a target of 2,895. I also suggested shorting @ 2,895 with a tgt. of 2,836.
S&P futures didnt quite reach the downside entry target at 2,856 before rallying. The bounce off of the low from last week looks thus far to be an abc upside correction. Only a daily close above 2,911 will negate that thesis.
Still calling for lower prices here. So, hold shorts established off of last weeks report until at least 2,862 is tested on the downside. Set stops above 2,911.