Another resting/trending higher day which is working off the overbought reading we have right now very well.

The action has really been remarkable as stocks are finally acting properly so I’m still in my full positions as I’ve noted here for the past few weeks and I see no reason to exit yet.

I’ve got 10% into SPY from 202 with alerts now set at 216, 214.50 and 213.40 for potential stops.

Have a great evening.

Warren

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