Heavily Long Over The Long Weekend

**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 Trade Ideas to see the rest of this letter.**

“You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.” — Zig Ziglar

The week ended on a positive note as we continue to trend higher.

No sign of a top that I can spot yet so enjoy the ride!

Many, many buys have hit and are working well so there aren’t a ton of buy levels around.

I’ve been heavy into stocks since December and have been letting it ride.

I take what the market gives me.

Sometimes it’s a trading market, other times it’s a buy and hold market as we have now.

Looking great is SPY, with a bull flag setting up which means the next move should be higher.

I’m not so focused on buying, since I have no buying power left, rather letting my positions work, as long as they do work.

Enjoy your long weekend.

You can get this full letter by subscribing.

Warren

AAPL Set For A Higher Low

**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 Trade Ideas to see the rest of this letter.**

“A man who dares to waste one hour of time has not discovered the value of life.” Charles Darwin

First, my apologies as a “Renew Subscription” email was sent to all my free subscribers, please disregard, but feel free to subscribe to this full letter!

The bull market continues and stocks are acting great, along with buying and holding as a strategy.

That said, many, including AAPL, may roll over to rest a bit, and give us a higher low in this trending market.

Gold is looking fine here and moving into a trending market, to the upside which many are very happy about.

A nice chart that is trending higher for now.

Have a great night and long weekend ahead, and please do subscribe to get this whole letter.

Warren

IWM Follows

**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 Trade Ideas to see the rest of this letter.**

“The man who does more than he is paid for will soon be paid for more than he does.” – Napolean Hill

More great action this very stormy day in my parts, which saw IWM definitively, for now, breakout of the nice long flat channel it’s been working on.

With SPY IWM and QQQ all breaking nicely higher out of bases I don’t much other than upwards action coming our way, still.

Stay with the trend.

The breakout is holding and accelerating, leaving shorts holding the bag.

Lower volume on this breakout isn’t worrying at this time.

The trend remains up.

Get the rest of this letter by subscribing

Have a nice night.

Warren

Lotta Bears

**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 Trade Ideas to see the rest of this letter.**

“Life is either a daring adventure or nothing at all.”  Helen Keller

A solid end to a textbook week.

The action is near perfect lately in terms of what you want to see in a bull market.

I could give stats and talk on and on, but why?

The trend is your friend.

Nothing wrong with this chart at all, although many continue to call for lower and point to lacking volume as the catalyst.

Time will tell but the more bears around the better I feel.

It’ll be when everyones bullish I get worried.

You can see the rest of this letter by subscribing

Enjoy your weekend.

Warren

Super Duper

**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 Trade Ideas to see the rest of this letter.**

“In order for art to imitate life, you have to have a life.”  Whitney Cummings

Great action and that’s that.

The bull market is strong and is showing no sign of stopping yet so buying the odd little dip remains the only strategy.

Ride the trend while we are lucky enough to have it.

A nice breakout for SPY.

Nothing wrong with this chart at all.

Some may point to a lack of volume, but beggars can’t be choosers and they’ve probably missed much, or all of this move, and have likely been losing money being short.

We may see this strength run all the way to may, but maybe not so, let’s wait and see and stay heavily long.

Get the rest of this letter and see many winning charts!

Enjoy your evening.

Warren

Never Short A Dull Market

**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 Trade Ideas to see the rest of this letter.**

“There is virtue in work and there is virtue in rest. Use both and overlook neither.” – Alan Cohen

Quite a quiet day today overall, dull one could say.

They say to never short a dull market, sometimes they’re wrong but this time I suspect they are right.

Gold is acting great and seemingly confirming the strength recently shown in silver and the metals so I’ll be more focused on miners as they setup again.

A nice V or U pattern here for SPY which still says higher is the next move.

You can read the rest of this letter at

Have a wonderful evening.

Warren

Trending

**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 Trade Ideas to see the rest of this letter.**

“Everything you want is just outside your comfort zone.”  Robert Allen

We ended the slightly choppy week on a very positive note, which is jut what we want to see.

In bull markets we often see early day weakness but then strength into the close, as institutions do their buying.

This is doubly so when it comes to looking at weekly charts.

A strong close to the week is super positive.

The trend remains up.

A nice little shake and bake this week for SPY as it tested and held the breakout area nicely.

Now we’re setting up a little U pattern which is positive and gives us 230 as a buy area now.

If you’d enjoy seeing the rest of this letter, subscribe!

Enjoy your weekend.

Warren