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IWM what a perfect set-up
Posted on November 26, 2013 Leave a Comment
the “zone” of 113-120 should be very strong if not the “top” for a while … if this pattern fails, I’m going into gardening.
put the needle on the record, put the needle on the BROKEN record – caveat emptor
Posted on November 24, 2013 Leave a Comment
apologize for falling off the blog bandwagon early this week…got smacked like a brick in the face w/ a stomach bug. just resurfaced … actually got some emails from you asking where the posts are…thanks! since my record appears to be broken, thought I would add some thoughts from 50+ years of trading…each of these men […]
Russell 2000 IWM and it’s repeating moves – CAVEAT EMPTOR
Posted on October 21, 2013 Leave a Comment
measured moves are powerful tools and on long term charts they are very useful for forecasting price moves. take a look at the chart below … the BLUE arrows are the lengths of the bull moves in the IWM. appears the current move will converge nicely in/around 113-114. Then, since we are all working w/ […]