HUGE Earnings Beat For AMZN

**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.**

“Regardless of what is going on around you, make the best of what is in your power.” – Epictetus

The chop continued with early weakness followed by strength, followed by late weakness.

It’s a tough market for sure with earnings numbers all over the pond but FB is acting nice and now AMZN is up large on a huge earnings beat and trading at the 670 area early tonight.

SPY April 29, 2016SPY is trying to break this small head and shoulders top now but who knows how it will act tomorrow with AMZN acting so strongly.

This market is not one for me so I’m all cash.

Have a wonderful evening.


Leave a Reply

Your email address will not be published.