Setting Up Well For Higher

“You can conquer almost any fear if you will only make up your mind to do so. For remember, fear doesn’t exist anywhere except in the mind.” — Dale Carnegie

While NFLX was weak on earnings numbers and increasing competition today, many stocks continued to act strong along with markets and we’re still a go for higher prices.

Good stuff from SPY as it continues higher well.

I really don’t see much that will stop it at the moment although a nice 6 to 8 week consolidation phase would be ideal since there is a major band of resistance from 208 to highs at 213.78 so a nice long consolidation would build up the strength to power higher.

Time will tell but we look good.