The Russell 3000 looks very bullish and has kept within its uptrend very well so far. However, I think it might test it's previous weekly low of 223 region before moving further up. I would be looking to buy the dip.
As you can see all the major indexes are an important resistance.
On weekly: it has resistance at the 50 day.
All our indicators have turned neutral or slightly down.
We will probably have a consolidation or a pullback of a Fibonacci ratio, probably to an important moving average or the cloud.
During these periods we still may have candidates but you will have...
iwv has passed all important indicators and the next big hurdle is the 200 day moving average,it may hit this area and consolidarte for awhile or it may fly threw like before
On a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI , the daily candlestick is positive, it has an increasing volume , it is above the cloud, above the...
NYSE Arca
