Currently: Cash Looking to: Short @2,930
As of 4/14/19 at 10:53pm EST: 2,912.75
LAST WEEK: We suggested selling longs between 2,900 and 2,960 and actually shorting between 2,930 and 2,960. Stops were suggested on shorts on a close above 2,970 and the target was given at 2,750 2,800.
UPDATE: S&P futures managed to close above the first of the three possible resistance levels we put forth here last week. Now, we will be watching for a test of 2,930 to start re-trying shorts. We will honor stops on a close above 2,970 and the downside target will be 2,800 for starters. No new longs in S&P futures at this point as we are way overdue for a pullback.