SPY: Holding Well After The Breakout
Warren Bevan | Feb 24, 2015 01:09AM ET
Stocks were weaker yesterday, so I did check out of a few but a few of ours are also doing very well and we’ve got some super buy points still setup to go or forming now.
Let the good times roll! This bull market has yet to reach the frenzy or blow-off top phase but it is coming. There are still a ton of bears out there but one day there won’t be and that day will be at the top. We remain on track to finish the winter off strong.
A great day yesterday for (ARCA:SPY) who is holding the breakout. I’d prefer to have seen it move strongly higher yesterday but Monday’s have tended to be weaker and we see better action later in the week. So we could be into another week like that now.
As long as we hold the breakout level we’re all good.
/h2
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