IWM Is Acting Coy

After taking some profits last week, I enter this coming week feeling much like the IWM chart seems to feel about the market.  No conviction.

With the general market making new all time highs, I find it odd that the small cap space cannot get any traction.

This is a short trading week due to the Holiday, so even if the IWM gets a bit of upside movement, I will likely just watch from the sidelines.

 

 

IWM Weak

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