https://rightsideofthechart.com/near-term-stock-market-analysis/ Stock Trading, Investing & Market Analysis Thu, 15 Jun 2017 13:18:49 +0000 hourly 1 https://wordpress.org/?v=7.0 https://rightsideofthechart.com/near-term-stock-market-analysis/#comment-3558 Thu, 15 Jun 2017 13:18:49 +0000 http://rightsideofthechart.com/?p=182540#comment-3558 Yes, probably a good idea to wait until/unless if becomes very clear that the recent breakout in IWM has failed but more importantly, we need to see evidence of the large cap indexes (SPX, NDX) rolling over as IWM will only fall so much if the large caps hold up or continue to rise.

]]> https://rightsideofthechart.com/near-term-stock-market-analysis/#comment-3556 Wed, 14 Jun 2017 16:26:27 +0000 http://rightsideofthechart.com/?p=182540#comment-3556 IWM broke through 141.20 and has been as low as 140.81 and keeps trying to bounce back above 141.20. Guess we need to see how it closes today before looking at any short scenarios; who knows how this is going to react after 2:00 today.

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