leftey

Houston- we have a problem.... iwm vs spy

AMEX:IWM   ISHARES TRUST RUSSELL 2000 ETF
IWM has been the spy's faithful partner up chart since 2009. This run is different. I think we may be destined for failure.. until iwm can muster the strength to breaks its trend.

Suppose there's 2 possibilities here. either spy's gonna retreat, or iwm needs to make up some ground.. has a large distance to make a new high. Given circumstances i think retreat makes most sense.

Caution is warranted given conditions and charts history....

GOOD LUCK THIS WEEK!
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