Market Breadth Data******************************

Thursday, July 31, 2014

$IWM Channel and Trend

The negative divergence spotted at the double top made its presence known in a most emphatic way, leading to a retest of the bottom channel with lower targets not far away:


Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.