S&P

A million question now is whether S&P has already found a bottom or not. But normally this kind of question is hindsight, only time will answer. But we can do some smart trade based on the price action.

We have seen a higher high and lower low under short timeframe like 60mins, 4 hours, and even an hour. So short term could play a buy a dip strategy, which we see a mild rebound in today's pre market already. But if you are up for higher timeframe, the thesis is to take profit while you have it. For me, I will start taking my profit for those with reasonable profit up to 2750 and only if the trend continues, I will wait for further dip before getting into market again.

Stay healthy.