Currently trading at 15,367. If you are short from an average of 15,500, you have 120 ticks of profit. That’s 1200 bucks per contract. Take some profits on a portion of your shorts. Roll down buy stops on the rest so that your worse case scenario on the balance is a push.
If this is the beginning of the pre August exit to the sidelines, we could get a tasty sell off here.
Don’t let a winner turn into a loser.
Support levels to use for profit taking: 15,143: 15,015 and then 14886.
CER