2waytrading

If IWM shows weakness, the market will follow

AMEX:IWM   ISHARES RUSSELL 2000 ETF
181 0 0
So far the rebound from August low seems intact but bulls have shown some weakness, its true that IWM             did not participate recent all time highs we have seen both SPX             and DJI as well as NDX this may tell us what is ahead of us or simply it may catch up soon. Today's price action only gives the bears some hope that the tide will soon goes their side though it was very painful 2-weeks for them. Who cares other than to follow with the money. There is a good chance that we may take a short position here if not already. For real time alerts, check out http://www.2waytrading.com which is now open for new clients and space is limited. Stay safe and tuned for more to come.
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