Imminent bear attack?….

Posted on Apr 04, 2013 by in Free Letters, Letters

Earlier today we noted that the Dow Transportations (etf IYT) was breaking some medium term trendlines.  That provoked us to examine some other important charts and what we saw made us want to haul the foodbags up the tree against a bear raid.

http://stockcharts.com/h-sc/ui?s=IWM&p=D&yr=0&mn=6&dy=0&id=p10639251671&a=229975465

The Russell 2000 (IWM) is breaking a 4 1/2 month trendline from November.

This is only a preview. Access this letter FREE by creating an Edwards-Magee.com account below.


 
Username
Password
 

 
Choose a Username*
   
Email *
   
First Name *
Last Name *
   
 
  * Required

Tags: , , , , ,

Comments

You must be a subscriber to view and submit comments on this post.