Great Action All Around As We Round Hump Day

**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.**

“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much.” –Jim Rohn

A solid day indeed.

Monday I showed the trend we’ve had for a while now of early week weakness followed by strength to close the week out and that’s how this week is playing out, so far.

It’s not easy to sit through the weakness and there is no guarantee the strength will return but the uptrend remains intact.

SPY April 7, 2016A nice reversal higher after so many said the sky was falling yesterday.

Anyhow, we’re looking great still and setting up to break into new all-time highs over the next two weeks or so from what I see.

Have a wonderful evening.


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