Buy anything that cleared the blue line , which we explained was a good reflection of a cycle within a cycle . After all, after an unusual 2020-2022, from 2022-2024 we thought that any index or sector that broke out was showing signs of an intermediate expansion.
We can surmise that should IWM fail to hold this MA by the end of October, darker times are coming. We have time but be on the alert.For 2 months IWM closed below the 80-month MA in 2020 , then came right back above it by May 2020.XRT sits right above the 80-month but remember, it never cleared the 23-month. So, if our Grandparents struggle, could other areas hold up? Sure. However, it does tend to stress everyone out.
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Fonte: NBCLA - 🏆 319. / 59 Consulte Mais informação »