Tag Archives: IWM
Many references were made yesterday in financial media about a key reversal in Russell 2000 after a new record on Monday. But how reliable is this pattern?
On this occasion of a new all-time high in Russell 2000 yesterday, it may be useful to consider an important technical measure. For access to premium content, you must be a subscriber. Please login if you are already a subscriber … Continue reading
Market Signals report with year-to-date performance, open positions and new signals reports for ADAPT and ETF4R strategies. There are new signals for the open of the first trading day of January 2018. For access to premium content, you must be … Continue reading
The weekly premium market report now focuses on quantitative analysis. It includes a market recap with commentary, directional probabilities of major ETFs and DJIA stocks, equity index breadth indicators, weekly mean-reversion signals and cryptocurrency analysis.
I have no idea who came up with the notion of overbought/oversold conditions. Market makers have probably appreciated the gifts from unskilled technical traders who thought these levels could be easily traded. There is worse than that: some even think … Continue reading