Currently: Cash Looking to: Buy @ 2,590
As of 1/20/19 at 10:21pm EST: 2,665.75
UPDATE: Last week, I suggested shorting at 2,633 and honoring stops on a close above 2,645 and targeting 2,460 for covering.
As much as I shake my head at it, we have to acknowledge that a breakout above resistance has occurred and that more upside is certainly a likelihood perhaps after a pullback. We appear to have completed wave iii of 3 higher and that we may see a modest wave iv pullback. That should be buyable.
If trying to stop out, try doing so on a dip to 2,590. If in cash, you can try shorting now and cover / get long down at 2,590. Honor stops on a daily close below 2,585 and use 2,680 as the upside target.