Look weekly stoch making lower highs as marked and its the weakest, have my stop in, lets see how this plays out nest few days
IWM WEAK SMH WEAK XLF HOLDING 50 200 hundred ma 5% would be 280 hmm I say 3-5 % 285 280 area we drop to
Watch Banks
We are making lower highs on weekly and daily charts and, the weekly stoch heading south. Trend is down.
We are holding the 50 day MA we should bounce hold here test the highs. All really up to XLF IWM. Long UBER also.
3% pull so afar was looking 280 get 5%.
To get this pull back XLF IWM need keep dropping. So am shorting this market.
I see a pull back 280, Then will see what happens their Why the sell off XLF SOXL IWM weak. Can we go past 293 YES all they need is banks , but lets give it a few days maybe weeks. We can also just over shoot then sell off
They want go 293 but we have cracks in market gonna make it tough. start watching weekly stoch we may run up will see .
IWM XLF SOXl continue to lag, and yet spy new highs. They are gonna try .50 cut but that won't work need go to 0.
I noticed today IWM XLF lagging and SOXL boom. I am short IWM its weak TVIX long holding 24.74
IWM SOXL XLF all weak I can see sell off to 200 day 275 coming we have lots of data this week. Until we break out boom then I will switch.
Target 293 but can they get their with IWM XLF looking like they do?