IWM – Possible 5 to 8% downside

August 10th, 2009 5:48 am mylifemytrade Leave a comment Go to comments

2009-08-10_iwm-daily

TNA should move down by 15 to 20% to $30-$32 region.

IWM makes big moves down when energy sector moves down. Dollar has corrected, but oil hasn’t. Look for IWM to make a big move down the day oil corrects.

Categories: Technical Analysis Tags: ,


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