Nice pull back in the markets today. Looks like a little bit of profit taking which is quite over due. This is not much of a concern for the up trend and we will likely only see a pull back to the recent support levels. We will need to watch to see if this turns into anything more serious but as of right now I doubt it will.
Just a reminder that I am on vacation this week and am either not posting trades or will be very delayed in posting them.
FYI…I did enter the 30 day RUT trade this week but did not bother with the SPY trade this month…. YET.
We can catch up next week!
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