Same Old, Same Old

**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.**

“Some of the world’s greatest feats were accomplished by people not smart enough to know they were impossible.”  Doug Larson

Another day in the range but I did do a little buying and also a little shorting.

We should be breaking higher soon and I’m only buying in with medium size at most and only out of nice patterns.

May 14, 2015Nothing new here to report once again but this large triangle continues to constrict and should move us higher in the near future.

I had 10% from 210.44 into SPY but stopped out today at 210.

It was worth a shot and a small loss.

Have a great night.

Warren

Leave a Reply

Your email address will not be published.