IWM has been the spy's faithful partner up chart since 2009. This run is different. I think we may be destined for failure.. until iwm can muster the strength to breaks its trend. Suppose there's 2 possibilities here. either spy's gonna retreat, or iwm needs to make up some ground.. has a large distance to make a new high. Given circumstances i think retreat...
Consolidation has been established with a range of 1548.12 - 1586.77 For the technicians out there who like patterns. A Pivot High was just completed. So, look at the bottom of the consolidation range for your breakout signals. Anchor bar on the consolidation is a positive bar which suggests a 70% chance of breakout to the top. Coupled with the pivot high - I...
Bit money has been moving into these stop options looking for higher prices in the next 10 days! This stock looks like a solid gamble for higher prices. Weekly chart breaking will trigger powerful 2-3 week rally.
This video shows a few simple and clear trade setups unfolding in the market for three very different sectors. Take a look, and if you like be sure to follow me here on TradingView!
While the large-cap stock indexes like the $SPY $SPX $QQQ $DIA have been running higher, they are now at resistance and should stall out or at least slowdown. Small-cap stocks have been building a base for a mega rally that could make the large-cap run look like chump change! See more analysis on the small-cap sector: Click Here
While the large-cap stock indexes like the $SPY $SPX $QQQ $DIA have been running higher, they are now at resistance and should stall out or at least slowdown. Small-cap stocks have been building a base for a mega rally that could make the large-cap run look like chump change! See more analysis on the small cap sector: www.thetechnicaltraders.com
These morning gap trades happen nearly every week providing a steady stream of winning trades.
Using simple price patterns and fib extensions we get two targets wit juicy gains. This is much like my NIO 21.7% trade and also like ROKU 18% trade
Skilled traders watch all the charts to assist them in identifying characteristics that can assist them in understanding price moves, key support/resistance levels, and price patterns. This IWM chart should be on everyone’s radar at the moment. Where the IWM finds support, so will the other US stock market indexes. The IWM setup indicates we may only see a 5~7%...
Just admit that gold is at resistance and bearish! The chart speaks for its self. The Russell 2000 ETF continues to deliver critical technical and longer-term price patterns for skilled technicians. Combining the IWM chart with the Transportation Index, Oil, Gold, and others provide a very clear picture of what to expect in the immediate future. Recently, we...
The Russell 2000 ETF continues to deliver critical technical and longer-term price patterns for skilled technicians. Combining the IWM chart with the Transportation Index, Oil, Gold, and others provide a very clear picture of what to expect in the immediate future. Recently, we posted a research article about the Head-n-Shoulders pattern setting up in the $INDU....
Expecting a reaction at these levels to the downside.
It just came to me like the last one did. Visualized it
The angles are very similar and the first half of the year wedge seems to be a good indicator for price movement. Will see how the year ends. It's been fun everyone!
50% retrace lets see what it does once it gets to that point. I would think we fall once more and bounce around 261 possibly next week to start the "Santa Rally" in Decmeber
This took a lot of thought. I hope you enjoy! GLTA...
The infamous inverted h and s will be won or lost late this week or early next...