September 9, 2013

IWM Weekend update


  • Weekly chart of IWM shows price in a strong up trend and price is testing the falling resistance line and 20 Week SMA. These two levels has acted as good support areas for entering longs.
  • Daily chart too is showing a MACD bullish cross. If price stays above the falling resistance line we may see an up move in IWM towards the recent high's.
  • APPLE Weekend update
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