**These are my thoughts on the SPY (NYSE:SPY) ETF in my Daily Trade Ideas which includes many, many more charts and setups.**
“To handle yourself, use your head; to handle others, use your heart.” Eleanor Roosevelt
Stocks are starting to look better now with patterns completing or getting closer to it.
Earnings season is still in full swing and politics continue to make headlines so we should see volatility pickup again after sitting at very low levels the past couple weeks.
While many stocks have been muddy like the Kentucky Derby this year, they are clearing up nicely now.
SPY still looks great so let’s see if it can get going soon.
This handle portion of the cup and handle is starting to get a little long in the tooth, so more prone to failure if it doesn’t breakout soon.