Great Cushion In My Trade

“Always do whatever’s next.”George Carlin

A bit of weakness today but we’ve got great cushion in our trades and I’m not seeing quite enough signs of weakness to lock in gains or reduce position size quite yet, but perhaps soon.

(Click on image to enlarge)

SPY July 22, 2016

I’ve still got my 10% weighting in SPY from 202 with 215 my stop area.

I did add to my AG position which is now at a 10% weighting and I bought a 10% weighting in Gold today so let’s see how they go.

Tomorrow is Friday so I’ll be focusing on the weekly charts which I’d like to see close strongly.

These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my ...

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