Mid Week ETF Look

spy

$SPY Nice reclaim of the 50ema, 13 and trend support. Also, we broke the dt and now have room to the 247.43 level. We push higher heregdx

$USO tested and bounce of this 9.37 support but we need to get back above the inverse h/s at 9.45 or we fall further. Key day tomorrow

ibb$IBB bullish look, breaking h/s on daily and closing above great sign, room to 326.71 here next spot. Curled on monthly and flagging on weekly. Range break test soon imo. We go higher short term imo.

gdx

$GDX getting rejected at 24.71 spot,  I think we do pull back a big here. Big res at 24.71, 24.87 and 25.09. Think 23.51 reasonable short term.

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Author: spartantradinginc

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

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