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RHTrading

Charts That Make You Go Hmmmm (Pt.3) -"The Monthly Hammer Setup"

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iShares Russell 2000 ETF (AMEX:IWM)  
RHTrading Updated   
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) IWM DJI djt TLT VIX CBOE Volatility Index QQQ
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trendanalysis chartpattern spx500 spx spy iwm dji djt tlt vix qqq
I don't believe I need to explain candlestick patterns here, but I don't often visit the monthly chart and believe this could be easily missed by many.

I can count on one hand the number of times I see a monthly hammer in the last 15 years. It's 4 for 4 so far.
Comment:
IWM

Weekly Hammer as well.
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