IWM - Doesn't Get More Bearish
Just another bearish post. All three of my regular indicators are now pointing to 
IWM taking a dump.
Bollinger Bands, IWM is below the 20 DMA.
Stochastic flashed a bearish signal a few days ago, and is heading to oversold territory.
MACD crossed said to sell on Wednesday.
A contrarian investor would say its a good time to buy though. Persoanally, I'm selling call spreads for Dec expiration.
IWM taking a dump.Bollinger Bands, IWM is below the 20 DMA.
Stochastic flashed a bearish signal a few days ago, and is heading to oversold territory.
MACD crossed said to sell on Wednesday.
A contrarian investor would say its a good time to buy though. Persoanally, I'm selling call spreads for Dec expiration.
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.