Both Medium-term and Short-term models have adjusted their stops to 2724 on the currently profitable short positions. This would lock in 5 points profit for the medium-term models and 25+ points profit for the short-term models.

This is done with the indication that the session’s move lower could be overextended and there might be a little consolidation upward going forward from here (11:50am EDT, SPX at 2716.50).

Happy Trading/Investing!