Moving Back To Highs

**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.**

“A journey of a thousand miles begins with a single step.”  Lao Tzu

Friday was pretty quiet as we hit the middle of summer, as should be expected.

Earnings season is starting to slowdown so we may see things really slow down in August but only time will tell.

Let’s hope for a nice slow month with lots of sunshine!

August 3, 2015SPY continues its trek to 213 and then we see if we see another move lower but that is the most likely outcome.

I hope you’re having a great weekend.


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