INTERESTING ACTION IN IWM
When browsing through some charts, I noticed quite interestion action in IWM (Russell 2000). Look at that huge volume insertion in IWM to the left (to the right XLF) 1h chart.
What makes this more interesting is when the last hour ended with a “climax down bar”. Let’s see if IWM can hold above the break-out line at the beginning of next trading week.
And finally a SPY-VIX chart, no negative divergences seen yet.
SPY-VIX 1h chart, quite often negative divergence before a major trend reversal.
Recent Posts
