Mid Week ETF Look

 

SPY

$SPY trying to hold the 50ema, no edge on direction here, will look for a reclaim short term howeverUSO

$USO breaking the uptrend, expect it to reclaim it short term.

GDX

$GDX rejected off the 200sma last week, I expect a nice bounce here off the trend and 50emaIBB

$IBB looking for the uptrend test next few days which should hold and bounce off of.

Author: spartantradinginc

Technical/PR Day and swing trader. Equities, Options, ETF's and Indexes. Focus on high R/R setups.

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