Mid Week ETF look

This slideshow requires JavaScript.

$SPY nice break out of top channel on weekly, has room to top of the channel on daily here. We go higher esp with FB beating tonight!

$GDX Breaking through major res today, reclaiming the 200sma and break/closing above the dt on daily. This should push higher, watch the leveraged miners JNUG and NUGT to push if GDX holds above 22.8

$USO Pushing through dt as well, has room here to the 10.05 area, nice strength here

$IBB still has room to the upside, monthly and weekly curling, bullish imo!


Author: spartantradinginc

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s