Vdsat Charts » IWM http://charts.vdsat.com Because you only want charts Thu, 03 Jul 2008 03:49:39 +0000 en hourly 1 http://wordpress.org/?v=3.0 Get out of there it’s gonna blow! http://charts.vdsat.com/2008/06/11/get-out-of-there-its-gonna-blow/ http://charts.vdsat.com/2008/06/11/get-out-of-there-its-gonna-blow/#comments Wed, 11 Jun 2008 23:09:15 +0000 Stubborn Bear http://charts.vdsat.com/?p=37

You just have to love this.  Trendline violation either way you look at it, plus the 50 MA got taken out. Lovely.

]]> http://charts.vdsat.com/2008/06/11/get-out-of-there-its-gonna-blow/feed/ 0 Mixed signals on IWM http://charts.vdsat.com/2008/06/10/mixed-signals-on-iwm/ http://charts.vdsat.com/2008/06/10/mixed-signals-on-iwm/#comments Wed, 11 Jun 2008 03:49:35 +0000 Stubborn Bear http://charts.vdsat.com/?p=14

I don’t know what to think about IWM even though I shorted more today.  IWM had an ugly candlestick reversal the other day and it also failed after overshooting the 200 MA.  The upward channel looks more like a channel than a wedge and other than that candlestick reversal pattern and the uptick in volume, there’s no real indication that this thing is headed south. Short it on a break of the trendline or the 50 MA.

]]> http://charts.vdsat.com/2008/06/10/mixed-signals-on-iwm/feed/ 0