IWM - Russell 2000 Small Cap ETF - OVERBOUGHTRSI has fallen back under 70 & ADX is rising. Selling could become a STRONG TREND as the dollar rebounds with rising yields. Expecting a $VIX spike to occur if $DXY continues upward. Staying HEDGED for the DEBT BUBBLE implosion with $UVIX $UVXY $HDGE $TZA
HDGE
TZA - Small Cap Bear ETF - HEDGEDaily RSI bounced back just above 30 with a rising ADX indicator. Most everything seems to be at overbought conditions as Fed policy is still tightening. Yields up, Dollar up, speculative assets DOWN. Small caps don't stand a very good chance of profiting in a deflationary environment. Expecting more bankruptcies, layoffs, & defaults. Indexes could fall hard from these levels. Staying HEDGED for the DEBT BUBBLE implosion.