Quiet Action Into The Long Weekend
Warren Bevan | May 26, 2015 02:34AM ET
“Empty your mind, be formless. Shapeless, like water. If you put water into a cup, it becomes the cup. You put water into a bottle and it becomes the bottle. You put it in a teapot it becomes the teapot. Now, water can flow or it can crash. Be water my friend.” Bruce Lee
Friday was pretty quiet but still very constructive with markets holding well as we move into the long weekend.
My stocks remains strong with some nice moves while others are still not going yet but are very close.
We’ve got some great buys from last week set to go and there will be several really good looking charts later on in this report.
SPDR S&P 500 (ARCA:SPY) continues to build a bull flag as it seemingly waits for the other indexes to setup near new highs and hopefully they will all breakout in tandem on extraordinarily heavy volume.
All we can do is watch for cues until we either breakout, or roll over.
I’m still very heavy in stocks and they area acting great still.
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