{"id":5260,"date":"2016-08-31T08:43:36","date_gmt":"2016-08-31T12:43:36","guid":{"rendered":"http:\/\/www.thet3trader.com\/?p=5260"},"modified":"2016-08-31T08:43:36","modified_gmt":"2016-08-31T12:43:36","slug":"scott-redlers-chart-attack-spy-baba-gdx","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2016\/08\/31\/scott-redlers-chart-attack-spy-baba-gdx\/","title":{"rendered":"Scott Redler&#8217;s Chart Attack: SPY, BABA, GDX"},"content":{"rendered":"<p><strong>SPY <\/strong>has been choppy but the range is intact. Support is $217.35, then $216.25. Resistance is $218.67, then $219.60ish. Take things slow and don't overtrade.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-5263\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/08\/spy-8_31.png\" alt=\"spy 8_31\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy-8_31.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy-8_31-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy-8_31-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/spy-8_31-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><strong>BABA<\/strong> has digested a nice targeted earnings move for a few weeks. Holding $95.45 would help it get above $96.68 on the way to $99+.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-5264\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/08\/gdx-8_31-follow-up.png\" alt=\"gdx 8_31 follow up\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_31-follow-up.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_31-follow-up-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_31-follow-up-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/gdx-8_31-follow-up-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><strong>GDX<\/strong> already broke the 8\/21 day and didn't respect the 50 that was already lost. Use $25.66 as your pivot. This can see $23-24 on a strong jobs report.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-5262\" src=\"http:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2016\/08\/baba-8_31-follow-up.png\" alt=\"baba 8_31 follow up\" width=\"700\" height=\"700\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/baba-8_31-follow-up.png 700w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/baba-8_31-follow-up-150x150.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/baba-8_31-follow-up-300x300.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2016\/08\/baba-8_31-follow-up-100x100.png 100w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><strong>Positions disclosure:<\/strong> Scott Redler is long BABA, BABA calls<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPY has been choppy but the range is intact. Support is $217.35, then $216.25. Resistance is $218.67, then $219.60ish. Take things slow and don&#8217;t overtrade. BABA has digested a nice targeted earnings move for a few weeks. Holding $95.45 would help it get above $96.68 on the way to $99+. GDX already broke the 8\/21 day and didn&#8217;t respect the 50 that was already lost. Use $25.66 as your pivot. This can see $23-24 on a strong jobs report. Positions disclosure: Scott Redler is long BABA, BABA calls<\/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":[173,213,138,14,174,62,50],"class_list":["post-5260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-uncategorized","tag-baba","tag-chart-attack","tag-gdx","tag-scottredler","tag-scott-redler-charts","tag-spy","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5260","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=5260"}],"version-history":[{"count":0,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/5260\/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=5260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=5260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=5260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}