649bruno
Long

Ichimoku Cloud, Pattern Swing, Alligator: IWM/ RWM Follow-Up 2

AMEX:RWM   PROSHARES SHORT RUSSELL2000
20 0 2
The above is a 15 minute time interval. What you do not see is the trend was faster on a 5, 3, and 1 minute chart. On the shorter time duration charts the Ichimoku Clouds were moving up. If the IWM             is going to fall, a good way to "play" this move is RWM             . In follow-up One I showed that the IWM             trend is down, so I bought RWM             . I will try my best to explain the above Alligator trade, and how the combination trade works. The Ichimoku Cloud is rising ( bullish ), the Ki jun-Sen and Conversion Lines are rising, and above the cloud ( bullish ), the three indicators ( RSI , Vortex , Awesome Indicator) are all bullish . The dotted black circles are the alligator's teeth, and the lips and jaws opened as the trade day began 04-05-2016. The fractals were positive. A new uptrend began. Based on Fibonacci analysis, the target for RWM             is $74 to $76. I hope you enjoyed this presentation. Yours for better trading, Don.
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