claydoctor

IWM room to run down to trend support and then?

Singkat
AMEX:IWM   iShares Russell 2000 ETF
1
From a previous chart, we are heading lower sooner than projected... Alibaba hang over, China saying its Ok with slower growth, metals and commodities slowing big time, Euro slowing, yikes. A week of doom and gloom I think, and then, perhaps the safety run to big cap S&P and Dow with dividends may not save them. Running for yield, its a panic for yield, where to go where to go. Yada Yada Yada. If IWM breaks this trend support, heading for stops 1 and 2 next, and then? Maybe we bounce, but maybe we don't, this time... mmmm. Let's all be careful out there.
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.