US market move breaks momentum and currently on technical support level to break the uptrend

US market move breaks momentum and currently on technical support level to break the uptrend. Aussie Market Sentiment at post GFC high level was on momentum while value was stretched at 4yr high with expectations of upgrade. Aussie VIX, US market, AUDUSD, Spot Gold are all pointing negative. Strategy = > Staying positive long term, but see risk in the short term. Maintain long term core portfolio holdings and take profit in the edges to keep some cash. US unlikely to turn positive on a Friday and run the risk of increasing exposure into the weekend. Similarly we are unlikely to see buying support today with fund managers going on school holidays next 2 weeks. We thought the US Fed positivity and ECB/China/Japan potential further stimulus hope would get us another 2-3%, but I rather be on the side of safety with traditional May sell off getting substantial airplay.