January 6, 2013

IWM Weekend update

  • Weekly chart shows price closing above the recent swing high in weekly chart.
  • Second chart shows a possible channel resistance, Bears must hope to see some weakness at this line for a possible correction.
  • Last chart shows the support levels, GAP between 84.43 - 86.04 and the up trend line. Correction up to the above mentioned levels may give another buying opportunity. A bigger correction may happen if the trend line gets broken.
  • APPLE WEEKEND UPDATE
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