View: IWM weekly 1.9.14sc.png

IWM weekly 1.9.14sc.png

IWM weekly with MFI. Just a follow up from a previous post. I noticed that the last two time there was a significant correction not only was there a bearish divergence but also the MFI had dropped below 50 as it has now. Have a good rest of the week. Tom


Thanks..I have a small IWM short .. 1/8/14
There were also MFI divergences multiple times between 2004-2007. You can count MFI diverging since 2011 if you wanted to. 1/9/14