**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Trade Ideas to see the rest of this letter.**
“I realized that becoming a master of karate was not about learning 4,000 moves but about doing just a handful of moves 4,000 times.” — Chet Holmes
Stocks held support areas and are moving up.
We’re not breaking out, just consolidating in most cases, so more time is needed but things are holding and shaping up for more strength in the weeks to come.
I’m on a bike trip and working along the way and trying to keep a bigger picture view since
I’m not at my desk all day.
I like it this way much better!
Moving above it is positive and I’ll have to be longer in more than just mining stocks.
Have a nice night.