View: IWM daily log.png
IWM daily log.png
Last Bear standing???? Before you trend followers (ie smart money making traders) make fun of this please note that I know the trend is up. And therefore likely tomorrow will also be up. But someday or year the party will be over. So why not soon? I am not saying anyone should trade on this chart but it says to me MAYBE the party is about over. Like all things in life it is fun to have an opinion, it is always good to be prepared. Take care. TB
PS With all the indicators and volume going down and the support-resistance lines being hit may a reversal is at hand.