Thursday, August 28, 2014 12:58:18 PM
IWM 60 BY ART HILL
No change. IWM showed a little relative strength on Tuesday with a surge towards 117.
Notice how the price relative (IWM:SPY ratio) turned up and broke the two week trend line.
Overall, IWM remains in a clear uptrend that is defined by a rising channel.
The lower trend line and a buffer mark key support in the 113-114 area. IWM may be lagging, but it is trending up and trend trumps all.
No change. IWM showed a little relative strength on Tuesday with a surge towards 117.
Notice how the price relative (IWM:SPY ratio) turned up and broke the two week trend line.
Overall, IWM remains in a clear uptrend that is defined by a rising channel.
The lower trend line and a buffer mark key support in the 113-114 area. IWM may be lagging, but it is trending up and trend trumps all.
TRADING TNA AND TZA
http://investorshub.advfn.com/TRADING-TNA-AND-TZA-12981/
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