Even though we have added new long side recommendations we still retain the view that being sidelined is the best option until a clear trend is defined. The market still has a lot weighing on it and can be spooked with ease. My own ASX short term trading is now 100% cash and will remain that way until the short term trend resolves itself to the upside. By the same token, whilst price of the broader market stays above our support zone, short side trades are also best left alone until a more definitive downside break unfolds. I also retain my appetite for exposure to the resource/mining/energy sectors and if needed would only look at trades therein.