SPDR DOW 30 ETF - Divergence Back at the High vs Russell2000 IWM
The old market saying that when the Generals (Dow 30) leads the army (IWM = Russell 2000), then watch out.
I realize this didn't pan out back in January-February before the big decline into the February lows, but that is what you get with old market sayings. You win some, you lose some.
Define your risk and study it after you exit, then revise if necessary and trade on.
Cheers,
Tim
4/8/2014 8:43AM EST
I realize this didn't pan out back in January-February before the big decline into the February lows, but that is what you get with old market sayings. You win some, you lose some.
Define your risk and study it after you exit, then revise if necessary and trade on.
Cheers,
Tim
4/8/2014 8:43AM EST
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.