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.
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IWM recovering better than SPX, QQQ. That bodes well, I'd ...
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.