bigrediska
Short

A sideways trend is broken.

AMEX:IWM   ISHARES RUSSELL 2000 ETF
100 7 2
Now is the beginning of a bearish trend .
The week is not over yet, there is one more day left!
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2use vlad.adrian
Yep, but futures for NAS are down almost 1%... watching closely for a rally?:D
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Yes, I have a long position on S&P and QQQ taken after the FOMC and I am underwater, hopefully we will have a rally. If not, well it's trouble, especially for Russell
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2use vlad.adrian
Russell did go deep. I'm not invested so i wish you get a profit as it it does not quite go against my bets :) but the higher it goes, the hard it will fall at some point, we're down 5%, might as well botch another 5%, call it a correction and move higher from there with a chance of having another 10% run. although, from now on im much more cautious as it is not the same bull market any more. This week made it clear
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Yes, this probably was the top. It's either sideways or down for the weekly charts from now on
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looks a lot like 2011
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A sign of head and shoulders
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