Breadth Models Remain Bullish – Rates Trend Higher – Yield Spreads Show Stress

Today’s report focuses on four ETFs that are setting up near Bullish Setup Zones. When correcting after a big advance or when forming a bullish continuation pattern, these are zones to watch for firming and a reversal. The firming means buying and selling pressure moved into equilibrium and this sets the stage for a potential reversal and breakout. This report shows the breakout levels to watch and re-evaluation level to consider should we see breakouts. $ITA $OIH $XES $MOO