AMEX:IWM   ISHARES RUSSELL 2000 ETF
168 4 4
Looks like a Broadening Formation in Green - just a small thing that should help the Diamond out
Nils-ErikMulvad
2 years ago
IWM moving into higher levels. U shure finds the diamonds in the sky. Great in and out sight Klang Thanks again \o/
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jimnewman44
2 years ago
Sorry - I'm confused ... is this bearish or bullish? Given metrics like sentiment and breadth, the broader markets (including these patterns) spell doom to me. Are we thinking the same? Is the upside breakout and broadening formation more of a "fake out" and we'll see this end around the level of the originating turnaround point ($106+)?
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KLang PRO jimnewman44
2 years ago
The pattern can break either direction, but the bias is up. I do not trade sentiment. Breadth can change, but I don't trade that either. In fact, after 3 months of range trading, it's very possible, with this new break out, for breadth to improve. I follow price. I look for patterns that could be in play.
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rolak7799
2 years ago
My super-puper lines :) are showing fall after price riches 122.8 and possible drops up to 121.10. Happy trading.

P.s.
KLang thanks for your shares.
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