I kept things light for the most part today as the overall PPT hybrid score continues to send me warnings. It’s true, I did miss a few layup trades, like $AMBA, but for the most part content sitting tight here.
My newest position is $FB, yes I’m back in the facebook, and my latest sell was $X, for a handsome gain. Still cash heavy and still waiting for setups to come my way.
Here’s a look at the current daily chart of the S&P 500:
