SPDR S&P 500 (SPY): IWM has been smoked here the last week,...

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Re: NewYorker567 post# 343420

Friday, 07/09/2021 9:34:13 AM

Friday, July 09, 2021 9:34:13 AM

IWM has been smoked here the last week, that's my only real concern. Sometimes it's a leading indicator, or more than likely, just money rotation. The play is still up for now, I think it was a flush so they can test new market highs for Joe. No way his market is going in the tank with congressional elections just next year.

I always say take profit, but no one cares what I say. Big picture is still an uptrend until it isn't. Play with house money :)

“The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.”

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