Consolidation

“The victory of success is half won when one gains the habit of setting and achieving goals.” – Og Mandino

Indices are correction or consolidating nicely now after we saw overbought reading late last week.

Setups continue to form very nicely on the charts and I am starting to look much more closely at some potential positions.

I did try some BLUE today, stopped out, then tried again so let’s see how that plays out tomorrow.

(Click on image to enlarge)

SPY looks to be setting up a nice bull flag here so a few more days and we may get the start of the next leg higher.

Waiting for trades is much of this game.