**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.**
“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.” Leonardo da Vinci
Some volatility in the precious metals miners space today is telling me to be careful if you’re long gold or silver right now.
In general, markets are still pointing to higher, even though they actually closed a tad lower today.
I think we’ve got more upside to come and futures may kick that off tonight on Trumps speech.
Our PCLN position from the $1,600 area on the cup and handle breakout rallied on earnings and closed well which is telling me the gap up should hold.
All in all, things remain positive and we may see tonight’s speech kick steel stocks back in gear.
Very strong action.
Enjoy your evening and grab the rest of this letter!