SPY Uptrend Channel Has To Hold Now

“There is no traffic jam along the extra mile.” –Roger Staubach

We opened with a good sized gap down but leading stocks took off higher as soon as we opened and performed well for the most part with TSLA being my best performer today.

I am seeing a few cracks but in general we still look fine for higher so I’m holding and keeping my stops a bit loose but still with nice gains or at cost.

I’d love to hold my positions for another 6 to 8 weeks but that doesn’t mean they’ll let me.

SPY has to hold this uptrend channel or I’ll be checking out of my stocks.
Let’s see how tomorrow goes, I suspect I’ll either have done nothing, or sold everything by the end of the day tomorrow so it’s a big day either way.