Yesterday had us reducing our long equity holdings just after the opening.

Today it is all about where the indices hold. A close today below 1328.25 (S&P 500 Futures) would have us sell the rest of our longs. This would put in an outside reversal lower daily pattern on an all session chart.

We just got stopped out of our Aussie. 106.53 AUD/USD is still the major hold level which is matching up with the SPU level of 1328.25. As of now, it looks like I played that too tight. As long as there is no close below this level the Aussie is good.

Gold needs a 1509 print to have any type of meaningful re-trace.

Model Trading Portfolio…Current Holdings

Time Horizon Unknown

Long S&P 500 Futures & NASD 100 Futures

Long AAPL

Long AUD/USD…We just got stopped out…