Mid Week ETF Look

spy

$SPY holding the channel here, back above 50ema and 13ema support, should push higher to next res spot on chart markedgdx

$GDX range break test here, bullish look. If confirmed when breaks has room up to next spot 23.43 then 23.86 area, above 50ema on weekly but must test 50ema on monthly before a grind higheribb

$IBB breaking dt today but rejected on 13ema test and closed back before 50ema, looks like we may pull back if we cannot get above both again tomorrow, big areauso
$USO rejected on DT test, below 13ema and 50ema, weekly bear flagging, expect USO to break support and pull back more, bearish look

Side Charts Aug 9th

side charts aug 9th
$YRD Nice range break today, failed initially but will watch for a reclaim and confirmation. If it happens room to 41 on watch
Alert: Bid> 38.53

$TGT ww long over 59 area, big range break spot, will be into the gap and can see some strong cont
Alert: Bid>59

$ESPR ww a pull back to 50.53 area, nice break out with strength but need a pull back for better r/r. Can see some cont
Alert: Ask< 51

$EBIX big push today, ww the 63, breaks and holds over we should see some cont. Big spot (if fails confirmation will look to short)
Alert: Bid>63

Mid Week ETF Look

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$SPY nice ATH again today, room to upside in channel, little extended today but we should cont higher in the short term no res

$IBB flag formed here, need to push through the 2 res spots, flag on weekly and curled on monthly. This goes much higher imo

$GDX Bouncing into the 50ema here, expect a pull back and test of the uptrend/13ema shortly

$USO breaking res and dt today, we will see if we can confirm next few sessions, no confirmation yet.

Mid Week ETF Look

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$SPY Recent flag break up here, bullish look, we should test ATH soon. Think we break and god higher chart looks good

$IBB testing and breaking the dowtrend on the flag today, closing above it as well which is bullish, have that 13ma support underneath, room to 316.11 here.

$USO bounce continues but rejected on the range test today, I do not think this bounce holds up but we may break the range and test 50ema next few sessions.

$GDX tested the dt today and got rejected, have the 13ema support as well just, expect a pull back towards tho lows if it cannot get back above the 13ema

Side Charts July 5th

side charts July 5th
$KLXI nice curl off the dt break, reclaiming all ema’s has room to push into 51.27 area.
Alert: Bid>50.54

$APA Bid dt break on daily, look for continuation on this as it closed above dt and 50ema/
Alert: Bid>49.9

$MPLX Big dt break on daily and reclaim of 50ema as well, looking for continuation
Alert: Bid> 34.4

$CHRV Looks good to push into 50ema, roughly a point of room
Alert: Bid>69.9

Mid Week ETF look

spy

$SPY nice push off bottom of channel, we should break all time highs and push to top of channel, would like to see more vol for continuation. Stochastics hot so I remain nimbleuso

$USO nice push with increased vol here, think we retest the 200sma in the short term. Would like to see the weekly retest that downtrend and the monthly reclaim 8emaGDX

$GDX should see the downtrend retest soon, solid bounce off 13ema and back over the 50ema which is a good signibb
$IBB looking for a reclaim of the 50ema soon, remain a little cautious here but we should see it retest

Mid Week ETF look

spy

Mid week ETF look $SPY breaking the channel but sitting on 50ema support daily, think it holds.

usooo

$USO should see a slight pullback here to 13ema, ultimately we should rested that downtrend gdx

$GDX slight pull back should happen fill gap, I do think overall this is bullish, DT break on weekly, room to 200smaibb

$IBB broke and confirmed trend break for now, still some support here, ww retest.