Hello traders, Barrie Einarson here with today’s edition of What Makes This Trade Great. To Subscribe to Trade Ideas: https://go.trade-ideas.com/SHQ
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Today, we’re not zeroing in on a single stock—because honestly, you don’t need to. All you have to do is look at the SPY.

Let’s keep this quick.

Pull up the daily chart and think back just a short time ago. Things looked grim. The market was sliding hard—SPY dropping all the way down into the 620s in what felt like the blink of an eye. Sentiment? Bearish. Momentum? Clearly down.

And now?

We’re knocking on the door of all-time highs again.

That kind of reversal is not just notable—it’s remarkable.

What we saw today was broad strength. Stocks were ripping across the board, fueled by a powerful shift in momentum. This is exactly why staying flexible as a trader matters. Markets can—and will—turn faster than most expect.

Now, the big question: how long can this last?

That’s where things get tricky.

We’re still dealing with underlying geopolitical tensions and macro uncertainty. Those factors haven’t disappeared—they’re just temporarily taking a back seat to bullish momentum.

So what do we do?

We stay alert. We don’t assume. We react.

And here’s something to keep in the back of your mind…

What if this momentum continues?

What if SPY pushes beyond expectations?

Is it possible we start talking about SPY 700?

Never say never in this market.

Stay disciplined, stay observant—and let the charts guide you.

— Barrie