Houston- we have a problem.... iwm vs spy

7 ก.ค. 2019

IWM has been the spy's faithful partner up chart since 2009. This run is different. I think we may be destined for failure.. until iwm can muster the strength to breaks its trend.

Suppose there's 2 possibilities here. either spy's gonna retreat, or iwm needs to make up some ground.. has a large distance to make a new high. Given circumstances i think retreat makes most sense.

Caution is warranted given conditions and charts history....

GOOD LUCK THIS WEEK!