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hungry_hippo

Small Cap Death Watch

iShares Russell 2000 ETF (AMEX:IWM)  
hungry_hippo Diupdate   
AMEX:IWM   iShares Russell 2000 ETF
Chart Patterns IWM
8
0
chartpattern iwm
The computers better start pumping, otherwise small caps, transport, and retail are gonna fall off a cliff.

Note that some stocks are already at 52+ week low, market only appears to be interested in pumping tech stocks. If they don't pump futures the next coupla days, small caps are in serious trouble since it's sitting right at support.

No position, shorting UAA though.
Komentar:
Small caps get a reprieve with China "talks". Not that it's gonna amount to anything, but they have to attach a reason to pump the market off of support.

Watch out for the bear trap doji star today.
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