**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 Daily Trade Ideas on the right to see the rest of this letter.**
“As soon as you trust yourself, you will know how to live.” Johann Wolfgang von Goethe
A bit of a slow day as weakness was digested but it still isn’t over yet.
There are some great stocks who are holding up and we’re looking to get into them as soon as I sniff a low.
We’re still quite oversold but not quite where I want to see it, nor are the charts telling me a low is in yet.
Still no sign of a low here yet but it isn’t far off now.
Get your list of stocks who are holding up well ready because they will lead us out of this correction, or let me do it for you!
Have a nice night.