{"id":5097,"date":"2016-08-24T08:48:45","date_gmt":"2016-08-24T12:48:45","guid":{"rendered":"http:\/\/www.thet3trader.com\/?p=5097"},"modified":"2016-08-24T08:48:45","modified_gmt":"2016-08-24T12:48:45","slug":"scott-redlers-chart-attack-spy-gdx","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2016\/08\/24\/scott-redlers-chart-attack-spy-gdx\/","title":{"rendered":"Scott Redler&#8217;s Chart Attack: SPY &#038; GDX"},"content":{"rendered":"<p><strong>Get a Quant Edge in Today\u2019s Markets<\/strong><\/p>\n<p>Tomorrow after the close, Rob Smith is hosting <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/t3campaigns.clickfunnels.com\/optin9845794\">a FREE webinar<\/a><\/strong><\/span> on his unique Quant Edge Trading Strategy.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/t3campaigns.clickfunnels.com\/optin9845794\">Read all about it<\/a><\/strong><\/span><\/p>\n<p><strong>SPX<\/strong> futures are up 1-2 handles in a very choppy lethargic trend to the upside.<\/p>\n<p>I would expect more of the same until Friday.<\/p>\n<p>We'll see if we can break above $219.60ish, if all those warnings about a market correction since MAY come to light:<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-5100\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/08\/spy_8_24_1472042654.png\" alt=\"spy_8_24_1472042654\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy_8_24_1472042654.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy_8_24_1472042654-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy_8_24_1472042654-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy_8_24_1472042654-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Stay tuned.<\/p>\n<p><strong>GDX<\/strong> has been the place to be in 2016 with lots of buyable pivots and trends.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-5101\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/08\/gdx-8_24.png\" alt=\"gdx 8_24\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_24.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_24-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_24-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_24-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Recently, it lost momentum when it broke $30.40.<\/p>\n<p>A break and close below the 50 day could trigger selling in this crowded trade.<\/p>\n<p><strong>P.S. Don\u2019t forget to sign up for <span style=\"text-decoration: underline;\"><a href=\"https:\/\/t3campaigns.clickfunnels.com\/optin9845794\">Rob Smith\u2019s FREE webinar<\/a><\/span>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get a Quant Edge in Today\u2019s Markets Tomorrow after the close, Rob Smith is hosting a FREE webinar on his unique Quant Edge Trading Strategy. Read all about it SPX futures are up 1-2 handles in a very choppy lethargic trend to the upside. I would expect more of the same until Friday. We&#8217;ll see if we can break above $219.60ish, if all those warnings about a market correction since MAY come to light: Stay tuned. GDX has been the place to be in 2016 with lots of buyable pivots and trends. Recently, it lost momentum when it broke $30.40. A break and close below the 50 day could trigger selling in this crowded trade. P.S. Don\u2019t forget to sign up for Rob Smith\u2019s FREE webinar.<\/p>\n","protected":false},"author":4,"featured_media":5099,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[138,14,62,50],"class_list":["post-5097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-uncategorized","tag-gdx","tag-scottredler","tag-spy","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=5097"}],"version-history":[{"count":0,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/5099"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=5097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=5097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=5097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}