The S&P 500 still looks like is wants to revisit the 50-dMA. If that were to happen, it would eat up all of my gains and leave me with the decision of what to do. I'm taking profits now. Short-term indicators are leaning negative to neutral, but longer term, I am still bullish. My system isn't built for short-term trading; I am being cautious with high beta trading positions. I'll reset these positions if the Index does get close to its 50-day.
