Market Breadth Data******************************

Thursday, April 30, 2015

$IWM Pattern and Trend

The broader market, as represented by the Russell 2000, was the first to spill out of the rising wedge:











and momentum has dried up, while the Overbought/Oversold osc. is looking for a bottom:


at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.