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IWM Leading, Good Times Coming

Published 04/16/2015, 03:04 AM
Updated 07/09/2023, 06:31 AM



“Live life fully while you’re here. Experience everything. Take care of yourself and your friends. Have fun, be crazy, be weird. Go out and screw up! You’re going to anyway, so you might as well enjoy the process. Take the opportunity to learn from your mistakes: find the cause of your problem and eliminate it. Don’t try to be perfect; just be an excellent example of being human.” Anthony Robbins

Another solid day for stocks with the iShares Russell 2000 (ARCA:IWM) starting to breakout, and lead as I’ve suggested here to members.

Our stocks remains strong and now with Netflix Inc (NASDAQ:NFLX) up large tonight on earnings we could be in for a few awesome days or longer.

Last earnings season the NFLX numbers took many other stocks larger by a large margin and gave us our 2 best weeks of the year and this could be a repeat.

Buckle up and buckle down and make lots of quick profits here while we can.

I cannot stress enough how much this is the perfect time to get into my real-time trading group.

SPY Daily Chart

SPDR S&P 500 (ARCA:SPY) has rested perfectly near highs and is now ready to go.

If this breakout is to be sustainable for the next 6 to 8 weeks then I really want to see a massive volume increase on this breakout.

If you’re short here I’d be very careful if we see the kind of breakout I’m looking for.

Enjoy your evening and get lots of homework done while the getting is good.

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