Strong Market Action

**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.**

“It was a high counsel that I once heard given to a young person, ‘Always do what you are afraid to do.’”  Ralph Waldo Emerson

A solid day for markets as they are teetering at all-time highs.

It’s great when the Nasdaq leads as it is now.

All our stocks are performing very well and a few who were in great bases are now breaking higher.

We should be in for another 5 weeks or so of strong action if we can really breakout now.

SPY April 24, 2015Good stuff from SPY with higher volume and we’re right on the cusp of breaking out now and I’d really love to see an explosion in volume on the breakout.

Have a great night.


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