S&P 500 (SPY) Breakout

The fact that the SPY's broke out of a 3-month base formation on 8/18 -- - and hit an initial high at 130.69, then pulled back to the breakout level at 129.40/20, and then pivoted to the upside last week, initiating a spike to today's new recovery high at 130.82 -- represents a classic bullish technical scenario....

For more of Mike Paulenoff, sign up for a Free August Trial to his ETF Trading Diary.


  Matched
x
  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!