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Welcome Back! Checking Back In After The Long Weekend

Published 05/27/2015, 02:25 AM
Updated 07/09/2023, 06:31 AM

“Every artist was first an amateur.” Ralph Waldo Emerson

An unfortunate welcome back from the long weekend today with tons of weakness that did see me do some selling but most of my stocks remain strong and are holding up well, for now.

I’m ready to locking gains or keep losses small if they come but I really want to see what tomorrow brings before making too many sell decisions.

SPY Daily Chart

SPDR S&P 500 (ARCA:SPY) fell on increasing volume but not huge volume.

This 211 is key and holding so far but we may be back in the large triangle again very soon judging by todays action unfortunately.

Let’s just see what tomorrow brings.

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