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claydoctor
Apr 30, 2014 4:37 PM

IWM, next stop 200 EMA? AKA GRAVITY Short

iShares Russell 2000 ETFArca

Description

Watched Cramer chart and focus on the 20 week and 40 week ema. FB the only tech stock left not breaking the 20 heading for the 40, and a bear cross set up. The IWM heading straight for the 200ema. Many tradeviewers saying watch for crash,not sure, but if things keep going this rotational way, all the growth stocks are being abandoned, and the hedge funds heading for safety, slowly but surely rotating out. A geo political catalyst could set off a quick fire sale.
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