Mid Week ETF Look


$SPY closed over the range break after the flag push which is a bullish sign, we head higher imo. Blue Skys. Bullishibb
$IBB nice break above the 13ema and hold of the 200sma. Reversal looks good here. Inverse h/s held, 200sma held, 50ema on monthly held, dt broken, 13ema reclaim. Need to break this little res and we should push. Bullish

$USO Very bullish look, nice range break test here closing at highs, needs to break and we will be good to push. Curling on the monthly. Bullishgdx
$GDX 200sma and 50ema res here on daily and weekly. I think we pull back after this test, resistance is strong here. Bearish.


Author: spartantradinginc

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

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