Long and Out

As per twitter I took a nice long position at 1057.75 this morning (after one failed attempt) and closed out at 1065/1068 (50% each). While it is looking rather bullish here I am a bit concerned with many sectors having broken the lows by a bit too much today.

We had mentioned this morning that any break lower needs to get reversed very fast - it did but I am not seeing the follow through I would like and as a result rather go into tomorrow all cash. I still have my FX position - this will be kept for a while but out of everything now.

Want to see how the market reacts between 1080 and 1065 over the coming days to try to plan a new entry either on the short or long side.