We have closed our long on the SPX Index at 4686 as there is an increasing possibility that the Index will fall back a little before a final push up for the year. If the S&P 500 falls to around 4650 we would explore the possibility of another long but we feel it is better to lock profits in now.
Over the coming days we should also be able to narrow down the short entry zone.
Watch this space and remember to follow us on Twitter for more updates.
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