$SPY TOP 20 - IMPORTANT NOTE -

I added a very important note on the $QQQ chart about how to use the safe havens and when to buy into them, so please take the time to read the commentary.

The commentary under every chart is everything I see on a single chart so taking the time to read this will help you and understand what to be looking out for, where support and resistance are and where to enter and exit a position.

I am seeing questions this week of people asking when to buy a safe haven stock/etf etc?

While we are clearly still in an uptrend in the market, there is no need to pivot to a safe haven right now.

The Watchlist folder in Collections are individual stocks that are in bullish set ups in the short term.

I spend an enormous time searching for these stocks on the Watchlist and Safe Haven folders, so we have plenty of options now to choose from when the market does correct.

YOU DO NOT NEED TO WAIT FOR ME TO BUY ANY OF THEM AND ISSUE A BUY ALERT FOR YOU TO BUY A POSITION....

I am not always available to buy, I work as an airline Captain without wifi for a lot of the day so I can quite easily miss an entry, waiting for someone else to make a decision for you is not a strategy and you are not learning this way either.

I issue plenty of buy alerts too and many are not paid attention to as well, so please use my charts and commentary to help your own buying and selling strategy.

This way we are all in control of our own portfolios and strategy and most of all, you are learning what works for you.

My strength is my patience, I do not get triggered by any movement and this has taken me years to get to this position, I will let a position go and not think twice about it, this is not how many people invest but it should be....we are all different and we all have strengths and weaknesses so find what suits you and your temperament, this will drastically increase your investing success.

Back to the chart, $SPY is about to test the top of the channel now, so I am expecting a Subwave 4 pull back soon.