Yes, as
Charles Kirk mentioned recently, making money in stocks has been a little too easy lately. Given today's slight sell off, I thought it would be a good time to take a look at the S&P. Now remember, this is on the S&P and is not representative of the full market, just the big caps...note that the Nasdaq is selling off quite a bit more today. Here's an hourly chart that shows the S&P from April 23 until today.
As you can see, yesterday was a good time to take a little off the table. The uptrend is still in place...now we'll just have to see if it remains that way. I'll exit most of my longs and even look to short if that linear regression trend channel doesn't provide support.
TLT
As you can see, yesterday was a good time to take a little off the table. The uptrend is still in place...now we'll just have to see if it remains that way. I'll exit most of my longs and even look to short if that linear regression trend channel doesn't provide support. 
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