Mid Week ETF Look

spy

$SPY pushing to top part of channel, little extended on daily here but no res till top channel test at 251 area. We maye see slight pull back in near future before 251 test
ibb

$IBB primed and ready up here, stalking the flag break, nice consolidation we should get a test soon. Love the monthly and weekly, we should go higher imo.

uso

$USO nice dt break here and confirm, look for 10.09 test and break and we should make our way back to the 200smagdx
$GDX testing small support level here, should break and head lower imo, looking at that 23.45 retest.

Advertisements

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