IWM blow off top?
IWM looks to be teetering:
- gap up out of well defined channel
- significant negative divergence in RSI
- economic realities don't appear to justify small cap out performance
There is obviously still a lot of liquidity in the markets, but small caps seem like a bad hiding place to me.
- gap up out of well defined channel
- significant negative divergence in RSI
- economic realities don't appear to justify small cap out performance
There is obviously still a lot of liquidity in the markets, but small caps seem like a bad hiding place to me.
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