AI
Wednesday, September 10, 2014 10:54:41 AM
IWM 60 BY ART HILL BEARISH
If we want to split hairs, IWM exceeded the late August low last week and exceeded last week's low on Tuesday.
The ETF also broke the channel trend line and a downtrend is present in September.
The red lines show a possible falling flag, but the trend is down as long as it falls.
I will mark resistance at 116.8. Also notice that IWM has been underperforming this month.
If we want to split hairs, IWM exceeded the late August low last week and exceeded last week's low on Tuesday.
The ETF also broke the channel trend line and a downtrend is present in September.
The red lines show a possible falling flag, but the trend is down as long as it falls.
I will mark resistance at 116.8. Also notice that IWM has been underperforming this month.
TRADING TNA AND TZA
http://investorshub.advfn.com/TRADING-TNA-AND-TZA-12981/
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