What Charts tell Us

This morning, I must admit I am in a quandary. I have long positions I have hedged, I have been selling the rally (cash is ammunition, try making money without it); but I need to plan for the chance this was not a one day rally and there is another leg to this uptrend. I rely more on fundamentals than TA but I use it on occasions like this morning. I look at the $SPY chart (and others) from different time horizons (one day, five days, one month, three months). It is amazing how viewing different timelines can give you such a great roadmap as to when/if to buy/sell or get the fuck into cash, gotta watch the open. I still want to fade this thing, but always trade what you see, not what you want to see.