ISHARES TRUST

IWC NYSE ARCA & MKT

murphycharts

Interesting ratio to pay attention too.

murphycharts

Positive sign for stocks..

pantheo

Will load select few for the bounce

pantheo

Retesting broken triangle

AJ-0293

Looking for short opportunities

allstarcharts

Despite more than a 40% move off their lows, Micro-Caps still have lots of work to do... it will be important to see how price reacts to this area of potential overhead supply in the low 80's. This level is crucial as it represents the 2014-15 highs and 2018 lows. We saw the first try fail today. $IWC has achieved a higher momentum reading than any of the...

poppop6

I believe we'll continue to see reallocation of $ out of spy into $iwc $iwm $kre for try and catch some alpha prior to year-end

SwingPyro

$IWC $spx $spy $qqq Micro-cap is approaching 61.8% Fib Resistance. Neckline retest might be first before any further breakouts.

Astatine

Looks like an ending diagonal for this wave in IWC. Above the green line, I am mistaken of course

poppop6

Small and micros have been ripping, but are we seeing another H& S top formation, like SMH and QQQ?

poppop6

Look at all the technical negative in this leading sector for risk taking. Where's the beef?!

EchoAlphaBravo

The iShares ETF that tracks more risky micro-cap stocks - IWC - reached an important 161.8% extension of a prior move. I think we could see a pullback from here to re-test the breakout level around $90. If appetite for risk stays strong, it could be a short-lived pullback, or if investors reduce risk, this could suffer more than the main indices and their ETFs.

jmboyer1

Similar to SPY/IWM post/chart, might SPY/IWC (Microcaps) be negatively diverging as well...i.e. setting up for a rally in IWC (micro caps) compared to SPY along with a possibly forming bearish ascending wedge? As in everything, TBD.

pantheo

Looks like money flows to the latter