As suggested in the last post, stocks have rebounded from the multiday sell off last week.
Last night I looked at times when stocks closed down 5 days in a row in a bull market which occurred into Monday's close. There was nothing really different compared to the 4 closes down post I made a couple days ago. The best short term trade after 5 days down was to close the trade out after 2 days, which would be today again.
So I suggest closing out the current trade by the end of the day today Long term stats suggest likely further gains, but for the record here, the suggestion was for a short term play on this.
Pete
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