Breakouts
“The road to success and the road to failure are almost exactly the same.” – Colin R. Davis
Stocks showed the breakout finally today that the charts were showing was coming and now we’re off to the races.
Just how long this race will last I don’t know but it looks sustainable.
All good and right on schedule from the charts I’m looking at.
(Click on image to enlarge)
Nice action from SPY who looks set to attack new all-time highs now above 208 but there will be a rest period at that resistance level before it can be broken so time will tell.