quantitativetendies

Small Caps Poised to Rally

Long
AMEX:IWM   iShares Russell 2000 ETF
Consolidation looks like its nearing the end, small caps are poised to outperform on the rising rates story and an "improving" economy. Seeing higher moves up on less effort, Point and Figure methodology points to a significant break out.
Commentaire:
Great place to add on the backing up action. Bounced quite nicely off the top of the consilidation range. Somewhat confirms a move up here.
Trade fermée: ordre d’arrêt atteint:
Turned out to be a distribution - was wrong here
Clause de non-responsabilité

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