Sunday, February 26, 2017 10:03 PM EDT
Some wilder action to be sure after slowly grinding higher since October.
I am seeing it as a quick dip buy chance for now but I’m watching closely in case this turn out to be a deeper correction.
The bull market remains intact and should for a couple more years but there will be corrections along the way.
SPY looks fine to me with this bull flag setting up well.
I hope you’re enjoying your weekend.
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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These are my thoughts on the SPY ETF in my Daily Trade Ideas which includes many, many more charts and setups. Subscribe to my nightly Daily Trade Ideas to see the rest of this letter.
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