AMEX:IWM   ISHARES RUSSELL 2000 ETF
111 6 5
Daily Chart: "Megaphone" Pattern in a "D" Topping Zone. Price will bounce off Top Rail of Megaphone.
With MACD still increasing, this untrained eye sees RUT breaking through the top of your Megaphone.
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It is absolutely possible and interesting find out whether this break can sustain
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I focus on Price movement more than lagging Indicators. Cheers.
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The C-D Wave will reverse. I want to be on board for the ride back down. Cheers.
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jangseohee fibline
different approach, but confluence in bearishness
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