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IWM recovering better than SPX, QQQ. That bodes well, I'd say.
IWM has been en fuego the last two days
IWM intermediate trend not so hot
consolidating and under performing SPX since mid March could break either way....
Take a look at the monthly chart of IWM. It is more elevated above both its 50 and 200 month moving averages than ever before in history. There is no trigger to short it yet, but it is sure on my radar.
Nice charts
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IWM recovering better than SPX,
Posted by frtaylor on 22nd of Apr 2021 at 01:30 pm
IWM recovering better than SPX, QQQ. That bodes well, I'd say.
IWM has been en fuego
Posted by timebandit on 22nd of Apr 2021 at 01:31 pm
IWM has been en fuego the last two days
IWM intermediate trend not so
Posted by ridgetopab on 22nd of Apr 2021 at 01:51 pm
IWM intermediate trend not so hot
consolidating and under performing SPX since mid March could break either way....
Take a look at the
Posted by pkrsek on 22nd of Apr 2021 at 03:41 pm
Take a look at the monthly chart of IWM. It is more elevated above both its 50 and 200 month moving averages than ever before in history. There is no trigger to short it yet, but it is sure on my radar.
Nice charts
Posted by frtaylor on 22nd of Apr 2021 at 01:53 pm
Nice charts