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Michael_Huang1
Dec 2, 2014 12:12 AM

Taking Credit for The Obvious Short

iShares Russell 2000 ETFArca

Description

The pattern IWM has been showing has two long red candles with a gap in between each time it goes on a large dip. Today also showed a larger drop on higher than average volume indicating selling with some conviction. I would expect this move to continue a little lower at least down to 112.40. Although I could be wrong when Santa comes to town to buy up everyone's shares...
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Michael_Huang1
Disclaimer: I am not responsible for Santa Claus. Nor the Chinese Central Bank.
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