Thursday, September 18, 2014 12:48:42 PM
IWM 60 by art hill
IWM got a bounce over the last two days, but remains within a downtrend since early September.
The trend line, broken support and a buffer combine to mark key resistance in the 115.5-116 area.
A post-Fed breakout here would reverse the downtrend and be bullish for small-caps, and the market overall.
The indicator window shows the price relative breaking down as IWM underperforms SPY.
IWM got a bounce over the last two days, but remains within a downtrend since early September.
The trend line, broken support and a buffer combine to mark key resistance in the 115.5-116 area.
A post-Fed breakout here would reverse the downtrend and be bullish for small-caps, and the market overall.
The indicator window shows the price relative breaking down as IWM underperforms SPY.
TRADING TNA AND TZA
http://investorshub.advfn.com/TRADING-TNA-AND-TZA-12981/
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