timwest

SPDR DOW 30 ETF - Divergence Back at the High vs Russell2000 IWM

AMEX:DIA   SPDR Dow Jones Industrial Average ETF
7
The old market saying that when the Generals (Dow 30) leads the army (IWM = Russell 2000), then watch out.

I realize this didn't pan out back in January-February before the big decline into the February lows, but that is what you get with old market sayings. You win some, you lose some.

Define your risk and study it after you exit, then revise if necessary and trade on.

Cheers,

Tim

4/8/2014 8:43AM EST

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.