IWM Possible Top

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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.

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