Mid week ETF Look

spy

$SPY flag break today but pulled back to b/o spot, think this res at 257.55 needs to break tomorrow OR we fade back to the 13ema. Bearish inclined short term. Still ton of support long term!gdx

$GDX bearish look, flag putting up a bear flag, think we test and break lower towards recents lows then low 22’s. Bearish.ibb

$IBB bear flag confirming, we are now testing double bottom support, think we do break this and fade lower towards the 50ema on weekly and 13 on monthly. Bearish.USO
$USO bullish look still with room higher, slight pull back today but I do think we push into this range test here at 11.28. 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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