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IYT is testing rising support, which could be a support test of a bearish rising wedge pattern. At this time the trend is up, despite the year-long divergence. What IYT does at (1), could send an important ST message to the key sector. Sometimes in history, how this key sector does, can send an important message to the broad market.
IYT is testing rising support, which could be a support test of a bearish rising wedge pattern. At this time the trend is up, despite the year-long divergence.
What IYT does at (1), could send an important ST message to the key sector. Sometimes in history, how this key sector does, can send an important message to the broad market.
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Kimble - IYT Key Area
Posted by sbaxman111 on 21st of Nov 2017 at 02:44 pm
IYT is testing rising support, which could be a support test of a bearish rising wedge pattern. At this time the trend is up, despite the year-long divergence.
What IYT does at (1), could send an important ST message to the key sector. Sometimes in history, how this key sector does, can send an important message to the broad market.