Mid Week ETF look

SPY
$SPY reclaimed the uptrend channel this week and broke out of downtrend, should push

gdx

$GDX bouncing off the 21.8 support for now. Will see if it can hold. Think we see small bounce shorterm before more downside. ibb

$IBB bounced off that uptrend as i thought, little extended here tho. I expect it to pull back in the short term (day or two) then continue up.USO

$USO Bouncing slightly w/ some support, Oil holding the 200sma for now so this should help USO assuming it holds it

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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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