claydoctor

IWM bear flags everywhere you look

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AMEX:IWM   iShares Russell 2000 ETF
2
You can draw this chart three ways: red lines, Green lines, Purple lines, and you've got bear flags everywhere. I just don't see how IWM goes above the blue line, without at least another bear pole down to?? And yes a 15 min chart is sufficient to show this, and is reliable. These patterns don't change whatever time frame you choose. Trade with a smile. Oh happy day.
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