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 August 4th

side charts august 4th
$SHLD (bottom left) like the dt break here and the recent 13d filing. Very interesting. On watch for 9.19 break for cont long
Alert: Bid>9.19

$DVAX flag break on daily, ww the 17.5 spot, once that breaks this will push hard.
Alert:Bid >17.5

$QBAK like this for a bounce play on a close over 6.89, huge sell off lately, due for a bounce. Close over 50ema will be bullish
Alert: Bid>7.61

$W huge flag break up here, should push and take out ath on confirmation ww 78 break
Alert: Bid> 78

Mid Week ETF Look

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$SPY holding the 13ema here, slight consolidation but I think we can push higher as long as this 13ema support holds, room to recent highs technically speaking

$GDX Room to the uptrend here, expect a retest before we test the range and try to push through, consolidation next few sessions imo

$USO Flagging here, needs to push next session or it pulls back to the 13ema, fairly extended here imo

$IBB room on the pullback to retest the 50ema, think the bearish short term move is not over just yet

Mid Week ETF look

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$SPY nice break out of top channel on weekly, has room to top of the channel on daily here. We go higher esp with FB beating tonight!

$GDX Breaking through major res today, reclaiming the 200sma and break/closing above the dt on daily. This should push higher, watch the leveraged miners JNUG and NUGT to push if GDX holds above 22.8

$USO Pushing through dt as well, has room here to the 10.05 area, nice strength here

$IBB still has room to the upside, monthly and weekly curling, bullish imo!

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.

Side Charts July 19th

side charts july 19th
$RP breaking out of recent trend here, ww for cont tomorrow we should see it. Long on pull back would be ideal
Alert: Ask<38.5

$DAIO breaking ATH today, nice flag setup here, 9.42 break for cont to 10+ tomorrow
Alert: Bid>9.42

$NRG Nice range break out before close today, think we see continuation tomorrow
Alert: Bid 23.5

$ROSG nice recent reclaim and hold of the 50ema, this has some room to the upside, potential to push.
Alert: Bid>2.75

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