Pretty, Pretty, Pretty Good

**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.**

”Invest a few moments in thinking. It will pay good interest.”  Author Unknown

A great Friday for stocks as we setup for higher next week once again.

I just love the moves up followed by some rest.

We’re very near new highs already for the S&P and on track to end the year strongly.

SPY November 9, 2015What a nice bull flag SPY is forming just below new highs and the breakout level at 212.50.

210 can be bought as well as 212.50.

Patterns don’t always work, but they work more often than not and this one tells me it’s higher in the week ahead after resting this past week.

Have a wonderful evening.

Warren

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