October 27, 2012

IWM Weekend update

  • IWM Weekly chart shows price testing the up trend line.
  • Daily chart is testing 100 Day SMA.
  • Daily cloud has been violated. If price sustains below the cloud bears will be able to break the above mentioned crucial support levels. Bulls need to get back into the cloud to avoid further correction.
  • S&P 500 WEEKEND UPDATE
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