Mid Week ETF Look

SPY

$SPY retesting 13ema after FOMC and bounced back off support, we go back to test ATH looks like, we should test top up part of channel soon as well. bullishgdx-st.jpg

$GDX breaking the 50ema and closing under, think we fall further and test the 50ema on weekly and the 200sma on daily, we have support there so we shall see if it holds. Short tern bearish.uso

$USO testing range and getting rejected, still thing we should retest and break out next few days and test the 200sma daily. BullishIBB
$IBB flag test today, I love the monthly and weekly, we are setting up for a big push imo! matter of time until we break out. Bullish

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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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