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)

SPY March 30, 2016

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.

These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my ...

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