**These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups**
“A bank is a place that will lend you money, if you can prove that you don’t need it.” Bob Hope
Quite a slow day all in all with most stocks I bought yesterday stopping me out today.
That simply tells me they and the markets aren’t yet. It’s fine to try a trade but have stops and listen to them.
I’ve decided to open up my real-time service and my site with the FULL Daily Trade Ideas reports for a week for free to everyone.
You can get my trades in real-time staring Thursday at @iTraderz on Twitter and login to my site here http://wizzentrading.com/?page_id=2920 using the PASSWORD: cash
For a week you’ll see how I roll for free, let’s just hope we can get some decent moves and not continue this chop where I don’t do much.
Let’s move right into the charts tonight.
That said, I am not so sure a short will get too much traction.
Ideally we rest between $188 and $185 for a week and then breakout higher so let’s see how it plays out.
Enjoy the night and Thursday.