Setup For Higher

**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.**

“Money can’t buy you happiness, but it can buy you a yacht big enough to pull up right alongside it.”  David Lee Roth

A good start to this holiday shortened week with stocks holding or moving up a bit and markets are also consolidating nicely where they should, before seeing more upside.

I bought a good chunk of AMZN late today and I’m not really looking for many or any more stocks for the time being.

That said, I can be all back to cash if this consolidation begins to fail.

SPY November 24, 2015Nice stuff from SPY on a low volume consolidation day.

All good and clear for higher prices from everything I’m seeing.

Enjoy your evening.

Warren

Leave a Reply

Your email address will not be published.