
SPY/QQQ Hold Up, MDY/IWM Draw Battle Lines, 6 Short-term Breakouts, 4 Pullback Setups, Breakouts in Semis
Report with video. The weight of the evidence remains bullish, but there are some sizable pockets of weakness within the market. SPY and QQQ are holding up, but RSP and IWM have yet to recover since their December declines. We draw the battle lines. The Industrials SPDR and Finance SPDR are in pullback mode and near Bullish Setup Zone. We also highlight several ETFs with short-term breakouts and bullish setups.




