Nothing New Today

The market will continue to digest last weeks rally.  Basis the S&P 500, first support is at 1367 and solid support at 1347.  Traders can continue to play the game for the rally to 1435.  Longterm investors should take a look at our investment ladders published some time ago in this blog, and use this overall rally to 1435 as a vehicle to trim positions to your comfort zone for an anticipated drop to 1120 later this year.

8:25 AM CDT

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