Time to Sell the Rally?

Those who are playing the countertrend rally, are probably wondering if it's time to sell and take profits.

The link is to a strategy on how to play either continuing strength or weakness. I think it's worth a lazy Saturday read. Remember to send a note to thank the writer for providing a point of view!

As for me, I fully anticipate that the summer correction still has more to go. Yes, we've had a double bottom and have hit the 200dma. But much of what is happening is from a big weekly losing streak, ahead of a bullish quarter-end pattern.

I'm still in my $SPY trade for now.
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Hot day in Sacramento! Been working outside and watching movies inside!