yauger

IWM ( Russell 2000 ) Big bear not out yet

AMEX:IWM   ISHARES RUSSELL 2000 ETF
We were expecting a decline which we did get but today's retracement from the morning low was somewhat deep making me suspicious my expected multi-weeks decline has started. Still possible but we would have to resume declining right out of the gate tomorrow morning. I think we need a choppy move that will lead to a another small upleg before some kind of top is at hand. Moving above 123 will shift the odds towards that scenario. Stay tuned

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