cameronknoff

IWM Reversal Incoming?

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cameronknoff 已更新   
AMEX:IWM   iShares Russell 2000 ETF
IWM has clearly benefited from the “sector rotation” out of tech, but I think this run is about to fizzle out. The run up was on a dwindling volume. RSI is currently way overbought. The MACD and Stochastic combo are signaling a divergence. Couple this with a potential bumpy week ahead- FOMC, bond yield, and the spooky quadwitching- and I feel like IWM is a prime put candidate.
評論:
$$$ I made good, so closed most of my position.(Just my money management strategy) still should see more downside over the next few days/week. Cheers
交易結束:目標達成:
TARGET REACHED! $$$$
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