Closed all Long Positions

Waverider2,
I closed 90% of my long positions today as I am expecting a CORRECTION soon.

I was expecting DOW to reverse at 13959 and S&P500 to reverse around 1507.
I saw some weakness in candles at around those levels (13976 for DOW & 1509 for S&P500) and hence I took profits

Signs of imminent downmove are still there -
1. Yesterdays candle made a LH and a LL on both DOW & S&P500
2. Today a Possible Failure Swing developing on RSI

Redchilly - any reason why you are not going to wait for one potentially last hurrah at 14198 DOW?

or is it just personal money management?

Just for the record

I have closed all my Long Positions this morning.

Only have EURUSD and a couple of other shares like vodafone open which are a free trade.

I am on SIDELINES now.