Maybe it turns out okay, but when you look at the Inflowing Liquidity levels
on the IWM (ETF for the Russell 2000), you will see some disturbing action.
What is disturbing can be seen on the red arrows displayed. Note that the
first one showed a lower/high, and the second showed a lower/low.
What is wrong with that? It is the definition of a down trend, so unless it
changes, there will be trouble ahead.
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed
his own proprietary analytical tools and stock market models. As a result,
he was out of the market two weeks before the 1987 Crash in the most recent
Bear Market he faxed his Members in March 2000 telling them all to SELL. He
is an advanced technical analyst and not an investment advisor, nor a securities
broker.
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