Earnings Kicking In

“We may encounter many defeats but we must not be defeated.” – Maya Angelou

And just like the Nasdaq closed at new highs on the back of NFLX earnings.

We’ve got more heavy hitters on deck so we should see more strength over the next few weeks if all continues as it has.

Buying dips continue to work for now.

Gold and silver have annulled their bearish patterns but are quickly approaching resistance and they remain out of favor and not at all where the easy money is so I’m avoiding them, but still watching.

(Click on image to enlarge)

Solid action from SPY breaking into new highs and now looking to be setting up a bull flag which should push it higher still.

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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Chee Hin Teh 8 years ago Member's comment

Thanks forr sharing