Looking for a bear-trap if we can break beneath Friday's ID into former resistance. Stop is pretty wide, but the potential reward makes up for it. Looking for a break above last week's high.
However, I will be very cautious if we get trouble closing above 1170 and might take an early exit if warning signs occur.
However, I will be very cautious if we get trouble closing above 1170 and might take an early exit if warning signs occur.