My view on IWM is very ambivalent.
The bad- I learned over the years that small cap r leading the way to the big caps.
IWM used to make new highs or lows b4 the spy.
These days we c the spy makes new highs and IWM is way far from any previous highs.
The good- In technical prospective i can identify an inverted head & shoulder Pattern and
a golden cross of 50 & 20 DMA
The ugly- Cant decide whats more meaningful can u?
The bad- I learned over the years that small cap r leading the way to the big caps.
IWM used to make new highs or lows b4 the spy.
These days we c the spy makes new highs and IWM is way far from any previous highs.
The good- In technical prospective i can identify an inverted head & shoulder Pattern and
a golden cross of 50 & 20 DMA
The ugly- Cant decide whats more meaningful can u?
