IWF trade ideas
IWF/IWD signals risk onThe Growth/Value ratio broke key resistance last week signaling increased risk appetite. A future break down in this ratio would be bearish.
Support ZoneWe have almost reached the old low of September 2021 again which has proved several time as a support or resistance zone. I expect it to hold another time. But mind the double top. Perhaps it is the last test of the upside.
Seems to be likly that growth stocks will have a comebackAfter value stocks were stronger last weeks, also growth stocks seems only to tested the Moving Average, as several times before...
Now growth stocks may be back in focus to be great opportunities for the next month
Growth Vs. Value (IWF/WD)Value showing meaningful outperformance for the first time in a decade. Might see a pause here as ratio bounces off of key support zone.
$spy $iwf vs $iwd growth vs valueYou have likely seen the growth sector top out, especially versus value just like when the tech bubble burst last time. be nimble
Growht vs. Value in small capsThe Russell 1000 growth/value ratio has formed a head and shoulders pattern, indicating growth stocks may be in trouble and value may be on its way back
Value vs Growthare we seriously moving to value. There's the potential and me being wrong is what makes me think this could be right, even if its hard to say out loud. Anyways, the idea of value out performance is there. just my thoughts
$IWF Double Top 3 Lower High Bull FailureBuyers have created a double top from a few days ago which held prices down. Once sellers were able to prove they had the strength to create double tops, they then came in with 3 lower high bull failures completely derailing the bulls from the wedge breakout up. Now, with a fake-break of the wedge top and heavy bear momentum back in, sellers will be hunting for reasons to short down to wedge lows or, at the very least, the congestive lows / closes / wicks.
$spy $qqq growth - value Nothing to see hereEifel Tower moment in the making? time to exit the growth trade and buy some value ala Buffett in 99'
Growth continues to out perform Value (USA)US Market Growth (IWF) continues to out perform Value (IWD)
$spy $qqq $iwf $iwd Growth getting bubblyThe last time growth got this extended vs value, it did not end well. Start paring back your bets on iwf and start moving some into iwd
$spy Get Out of Growth $iwf buy Value $iwd add alfa to your portTiming won't be perfect, but this relationship is back approaching extremes reached in 2000. Growth is literally off the chart vs value. Look at the drawdown in 2000-2001 for iwf. Notice how $iwd barely went down in comparison? Protect your gains!!
Buy Alert for IWFMy WT Cross Strategy has alerted me to a buy signal for IWF, at a price of $153.66 using a 180-min time frame. My idea is to buy the dip, at a price below $153.66. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1000
Average Length - 1
Average Length2 - 11
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I have a Pro+ subscription for Tradingview so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!
IWF so are the fangs in blow off top territory?taking a longer term view one sure has to consider your FANG stocks getting pricey at these levels. Now this is not parabolic action quite yet but one has to start thinking earnings for decades to come are priced in already.
