Tuesday, March 4, 2014

IWM Continues to Show the Most Deterioration

You saw the last 1 min chart, now the price action also looks very much like a reversal process/ rounding top. The divergence is moving over to the 2 min chart in migration ...

 IWM 1 min leading negative intraday looks like selling the news from yesterday's positive divegrence or small accumulation.

The 2 min chart is now seeing what appears to be migration of the negative divegrence meaning it's getting stronger.

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