**These are my thoughts on the SPY (NYSE:SPY) ETF in my Daily Trade Ideas which includes many, many more charts and setups.
“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.”― Zig Ziglar
I’m not seeing too much action this week as markets are stalled out and many charts are not ready to go, even with Nasdaq and S&P charts on the verge of new all-time highs.
It seems like stocks and the markets have their wires crossed.
Half the battle is waiting for the right setups.
SPY looks ready for another go at new highs unbelievably.
I still have a hard time believing last weeks heavy one day of selling was just that, but a move into new highs is proof the madness is real.