Mid Week ETF Look

SPY

$SPY Think we push higher here, holding above the channel break nicely, should see recent range break and push into 257 level. Bullishuso

$USO Closing at the 200sma today, I think we push higher into the 50ema on the weekly. That will be a big area to test and break. Short term Bullish. IBB

$IBB holding the UT and creating a nice flag here, should break soon and test the recent range, big area to break out. This we do see cont lovely monthly and weekly. Bullish gdx
$GDX reclaiming the 50ema and holding after break the dt, think we push higher into the monthly 50ema again. 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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