IWM 2 min chart, there are other timeframes positive and there's solid migration from 1-5 min through all timeframes.
"If" I had the time, I'd probably wait and see if I could enter on a break of intraday support, especially if volume spiked up intraday showing stops were hit, other than that, I think for my purposes this is close enough, just that would be a more ideal entry price and timing signal.
IWM 5 min never confirmed the downside move which it could have done easily by now, so there's strength in the IWM beyond what has developed today.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment