Tuesday, September 14, 2010

IWM LEADING INDICATOR

Yesterday tech-which the IWM is packed with and more specifically the IWM outperformed the market pretty dramatically.

The IWM has been on dips the worst performer and on rally's the best performer, the reason is all because of short squeezes and long bull traps. However it may be telling us something, it may be a leading indicator of index action as it was the first to make that lower low I mentioned earlier, Keep an eye on the Russell 2000

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