A Day Off

**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.**

“Improvement begins with I.”  Arnold H. Glasgow

Stocks took the day off today which is fine since they are holding up and great patterns are emerging more and more everyday now.

I remain heavy into stocks as we are set for a breakout higher soon, that said, I’ll be out quickly if selling beings.

All in all, there isn’t a lot to talk about tonight.

SPY May 29, 2015SPY is setting up well for higher.

We can’t fly everyday and the longer the base or setup, the stronger the eventual move usually is and that move should start soon.

Have a great evening, Friday and weekend.


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