Markets Resting But Ready For Blastoff

**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.**

“Make failure your teacher, not your undertaker.” Zig Ziglar

A little bit of a choppy day or rest day which is great.

Some of our stocks still did well while some took the day off and markets are still just setting up for a perfect breakout.

Leading stocks are leading and I’m already very heavy as most swing traders should be.

We didn’t get a massive day from the heavyweight stocks today on the NFLX earnings unfortunately but it may come yet.

SPY April 17, 2015SPY remains resting perfectly near highs and can breakout anytime now.

All is well and I’m very heavy into stocks and they are working very well and leading the markets who should soon catch up a bit.

Enjoy the rest of your evening.

Warren

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