September S&P:
1. Continued hourly and especially a daily close above $2084 in the September S&P will indicate advance and test/attempt at $2094 (or higher) into Monday, August 17 (+/-1 day).
2. Initial long position exit should be taken at/near $2088/$89 and the remaining position held for completion of the larger target at/near $2094. Aggressive can hold any remaining long positions for the possibility of higher prices (above $2094) and a trend following exit.
3. Once long, a protective sell stop should be placed at $2077. This stop will be moved higher as the market continues to confirm. Will update.
David Williams