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Flash430
Jun 12, 2018 2:22 PM

IWM Major Top in place (or very shortly) Short

iShares Russell 2000 ETFArca

Description

High beta stocks (small cap and tech etc) are the last bastions of FOMO in this central bank QE and zirp/nirp fuelled blow off bubble in stock markets. Once high beta rolls over the whole market could fall very precipitously (>20%). Looking at a turn/top in IWM imminently.
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