353
statistically IWM should close under 106, given pattern on 1min and 3min charts from 3pm
318
needs to at least 105.70 IWM else too extended, last 106,19
316
if they dont let any air out in the next hour,,,if they just keep it up here with no breather pullback, i'll short it overnight, IWM
big green candles are fine, but when you dont have a pullback all day on even the small 5min chart, its overextended usually
(inverse of what happened yest and caused this big pop today)
241
: under 105.90, 1min IWM chart has a small bear flag, for another small drop, that will likely be bought...only relevant to scalps not swings and not even some daytrades
217
nothing drastic but MM have dropped their bids lower
tza daytrade may kick in, next few minutes
155
y: IWM just tested daily high from 2 days ago, stalled on first try as expected...but what will reaction be in next 1-3 hours?
btw if it does happen to go OVER the prior high by 2-4 points, that would not necesarily be bullish...often it pops above only to fall harder later...will see what it does at this resist
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
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