Monday, March 19, 2012

With the SPY at +0.15%, the DIA at -0.08 and the Q's at +0.17%, the IWM is the odd man out at +0.52% but was recently higher.

Remember the rhetorical question I asked last week about "Why?" the IWM was showing better relative strength vs the other averages and I posted a chart? the IWM hasn't done 1 thing that all the other averages had...

Post a breakout high, closing and intraday. Actually last week it posted a marginal breakout new high, obviously you know what my thoughts are on this action and why the IWM was palying catch up all last week.


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