Michael Huang

IWM is breaking down, Betting short

123 0 3
Currently the market is overbought and there few good deals left. The IWM             is starting its long fall. I am betting that it will fall to 110.50 with a stop at 119.90. Generally speaking the volume is so low now because no one wants to buy at this level. The technicals look very grim for IWM             . Most stocks are priced higher than what they will probably earn over the next 20 years. That is way too expensive. The market needs a significant pullback so good companies can be attractive to invest in again. Risk to reward is favorable for shorting currently.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out