SPY Attempts To Break Bull Flag
Warren Bevan | Jul 21, 2016 03:06AM ET
“Persistence is a sure path to success with quality activities. Never, ever, ever, give up.” – Kekich Credo #75
More strength for stocks as they continue to act very, very well.
I’m still letting my stocks ride from the Brexit low, or Bro.
SPDR S&P 500 (NYSE:SPY), NASDAQ:ACIA, NYSE:AG NASDAQ:AMZN, NASDAQ:FB, NASDAQ:GILD, NASDAQ:GOOGL NASDAQ:NFLX, and NASDAQ:TSLA are still my positions but I may be starting to lock in gains in the not too distant future since I’m starting to see signs of blowoff tops coming. Then we may need 6 to 8 weeks of rest before we can setup for the next good move higher.
SPY is trying to break this bull flag now and continues to work well and properly.
I’ve got 10% from 202 and I’m looking at the 215 area for stops.
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