There is some sort of divergence in the market or the market darlings. There are few stocks outperforming. On the other hand, those that were outperforming had some bad . Future will unfold itself.
- This is the time, one should test their sound strategy.
Trading pullbacks to or playing the breakout.
IWM breakout to the low.
This is what you expect when a divergence presents itself. A pullback. If you know how to manage and enter, You are good to go. Now is this going to go any further?? Stay in the trade, unless you get a reversal trigger in opposite direction.
POINT IS, you don't need to complicate your life with 2000 indicators. Indicators are meant to make your life easier, Not hard.
General rule is - Small caps are last to run up and first to slide down.
Yes, its just RSI, MACD still not shows the same. Again i can manipulate the indicator settings to show the divergences.