IWM has been moving up fast and is due for a minor correction. I'm expecting a 4% pullback to .236FIB if not further and then movement upward again (generally upward into January).
I'll be watching glide paths for a match and if so looking to make a nice trade on SRTY this week.
RSI over 70, Watching for MACD nearing crossover and ABC pattern to complete
*NOT FINANCIAL ADVICE - NOT A FINACIAL ADVISOR*
I'll be watching glide paths for a match and if so looking to make a nice trade on SRTY this week.
RSI over 70, Watching for MACD nearing crossover and ABC pattern to complete
*NOT FINANCIAL ADVICE - NOT A FINACIAL ADVISOR*
Note
SRTY closed up today about 4%, still some distance to run and some more pullback on IWMNote
Not there yet. Still watching and waiting.Note
Smaller pullback than expected, but...still followed the A/B/C rule then up. Made a profitable quick in/out trade on SRTYDisclaimer
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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.