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MarcoOlevano

#XME - Metals & Mining ETF bouncing at crucial level

Long
SPDR S&P Metals & Mining ETF (AMEX:XME)  
MarcoOlevano  
AMEX:XME   SPDR S&P Metals & Mining ETF
Chart Patterns XME Metals mining
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chartpattern xme metals mining
Nice reversal off previous resistance (now turned into support) and 200 day moving average. We should get some follow through here to the upside. RSI now nicely oversold and should see a mean reversion bounce in short term
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