antwan611
Short

IWM Possible Top

AMEX:IWM   ISHARES RUSSELL 2000 ETF
123 0 2
Index is wildly overvalued at 55x.. while market is making back to back new highs, IWM             has been lagging along w/ the qqq             , both leading indicators. Oil             has been yelling slowdown, IWM             has been ignoring but I believe will now be listening as the huge divergence between the two indexes should converge with IWM             making up most the ground. IWM             has been moving up on declining volume . It would not be suprising to see IWM             retest those lows and unlike large caps, it wont take weeks, it will be a very short duration event.

Related Ideas

United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out