Small Caps….Adjust Stop
Suggested to pick up the Small Cap Russell index ETF (IWM) in this post. (see post here) At the time the Russell index was trading a little less than 745, now it is trading around 777. Game Plan… New stop on IWM should be $77, for the time...Hop on Board the Russell 2000….
Strong resistance at (1) for the Russell 2000. Fibonacci 50%, falling resistance and a possible right shoulder stopped this small cap index after a strong rally. Now the Russell finds itself testing critical support at (2). If you are open to scoring on defense,...Euro Have Any Kick Left?
Veteran technical analyst Chris Kimble has kept us informed about the Euro-Dollar spread.
Positive Technical Snowflakes
They say a blizzard starts with a single snowflake that fits on the end of your finger.