SPY Thoughts April 24

**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.

SPY April 24, 2014SPY can’t quite break $188 yet.  For now I have to say a move under $187 can be shorted while a breakout above $188 can be bought.

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.

Warren

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