Let ‘Em Ride

**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas on the right to see the rest of this letter.**

“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.

SPY ACIA AG AMZN FB GILD GOOGL NFLX and 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, and then we may need 6 to 8 weeks of rest before we can setup for the next good move higher.

SPY July 21, 2016SPY 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.

Have a nice night.


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