The gap we cautioned about in our morning publication is filled with the S&P 500 Index registering a session low of 2931.50!
As per the trading plans published in the morning (click here to view the plans), our Aggressive Intraday Models have made one profitable trade by shorting on the SPX crossing below 2948 and covering through the 8-point trailing stop. They are currently long on a break above 2948, with an 8-point trailing stop.
With the gap filled, there appears to be no major pull down in sight on the index and one needs to be very cautious staying short this market!
Good luck with your trading!