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claydoctor
Sep 8, 2014 11:16 AM

IWM DOUBLE TOP CONFIRMED Short

iShares Russell 2000 ETFArca

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Like it or not, looks to me the DOUBLE TOP FORMATION has confirmed for IWM. Kidding, but not, the moon phases are confirming, even if its the last indicator I would look to. Hoping there is no stock in 9-11 being a full moon (actually its tomorrow the actual full moon) They say it has its effects on people, creates tension. Hope not, really, really hope not. Sept and oct nornally more volatile months for trading anyways. But the MACD and RSI indicate we are heading lower, and into a triangle of waning (pun intended) strength. (waning moon too, get it?) :)
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