Wild, wild action in the SPY ETF hasn’t tempted me to do any trading yet but I imagine we will see some buy points trigger in the week to come.

Lots of stocks are looking better and soon to setup with several potential cup and handles on the way if all goes well.

We look to be on track for a strong finish to 2016 but the Nasdaq has to turn up soon to make this a reality.

SPY backed off resistance as it should have and now let’s see if it sets up for a break into new highs.