Comments on: /RTY & IWM Divergent Lows https://rightsideofthechart.com/rty-iwm-divergent-lows/ Stock Trading, Investing & Market Analysis Wed, 28 Feb 2024 17:25:31 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: thebeagle55 https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27462 Wed, 03 May 2023 16:24:24 +0000 https://rightsideofthechart.com/?p=211383#comment-27462 In reply to KevinK.

once retailers raise prices they seldom lower them back down
way of the world and the consumer gets hit

]]> By: KevinK https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27461 Wed, 03 May 2023 16:22:30 +0000 https://rightsideofthechart.com/?p=211383#comment-27461 Somebody explain something to me….
Wheat at a 2 year low.
A couple years ago I paid 88c for a loaf of bread.
This week I paid $1.50 ??????
Commodity prices (DJP) been going down for a year straight.
Prices at the store going up for a year straight ( and not abating).

]]> By: KevinK https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27460 Wed, 03 May 2023 16:14:21 +0000 https://rightsideofthechart.com/?p=211383#comment-27460 In reply to thebeagle55.

DJP at a year and a half low. Commodities going down…good news for Powell… but how will the market take it ??? Slowing economy ??? Recession ???

]]> By: trade0039 https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27459 Wed, 03 May 2023 15:49:44 +0000 https://rightsideofthechart.com/?p=211383#comment-27459 I agree with Randy.

The setup could be you can go long here on RTY and short QQQ that way you are hedged correctly as both could fall but based on divergence QQQ might drop more than RTY.

Hope that helps!

]]> By: thebeagle55 https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27456 Wed, 03 May 2023 15:43:30 +0000 https://rightsideofthechart.com/?p=211383#comment-27456 oil down big.. nat gas down too… market seems to be saying
bad things ahead but then in a couple days it goes back the other way.
what a bizarre market

]]> By: thebeagle55 https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27454 Wed, 03 May 2023 15:26:36 +0000 https://rightsideofthechart.com/?p=211383#comment-27454 In reply to Mikeflegel.

market crash but the russell goes up… ok

]]> By: becky https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27453 Wed, 03 May 2023 15:25:11 +0000 https://rightsideofthechart.com/?p=211383#comment-27453 In reply to Mikeflegel.

Randy is for entertainment that’s for sure.

]]> By: Chriskimer https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27451 Wed, 03 May 2023 15:05:06 +0000 https://rightsideofthechart.com/?p=211383#comment-27451 In reply to Chriskimer.

5 & 15 getting a bullish engulfing candle now. (NAT GAS). Looking for the next 5 min confirmation candle and it will be a run to $3.00 on BOIL.

]]> By: Chriskimer https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27450 Wed, 03 May 2023 15:02:30 +0000 https://rightsideofthechart.com/?p=211383#comment-27450 In reply to Dkpdkp.

I took a BOIL trade as the 5, 15, 30 and 1 hour are all oversold. I am expecting. a 10% move today.

]]> By: Dkpdkp https://rightsideofthechart.com/rty-iwm-divergent-lows/#comment-27449 Wed, 03 May 2023 14:55:34 +0000 https://rightsideofthechart.com/?p=211383#comment-27449 Hello Randy-can you please update natural gas? Thanks!

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