Last Push Higher

The market has been making new all-time highs. Scale out of longs.

PRE-OPEN MARKET CONDITIONS MONDAY - If you've been following my advice, you've been adding to bullish swing trades for over two months and now we are gradually taking gains. You should be out of two-thirds of those positions and we will ride the remaining third until we see a gap up to a new all-time high. That is when we have the greatest risk of a gap reversal that turns into a bearish trend day. I believe that $620 is a possible year-end high, but there is resistance at the $617 level.

Daily Bulletin Continues...