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#1 hiker

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Posted 25 July 2007 - 11:32 AM

could be a giant squeeze out of this....only potential...giving it 60/40 odds.

http://stockcharts.c...allery.html?iwm

Edited by hiker, 25 July 2007 - 11:34 AM.


#2 NAV

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Posted 25 July 2007 - 11:51 AM

IWM has a major channel support at 79. I will be closely watching when it approaches that area.

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#3 Tor

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Posted 25 July 2007 - 12:00 PM

This is one sub componenet of the market I am really beginning to like. Twitchy finger keeps twitching................
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#4 gorydog

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Posted 25 July 2007 - 12:12 PM

This is one sub componenet of the market I am really beginning to like.

Twitchy finger keeps twitching................

on the 1 minute chart it looks like a falling wedge, which should be bullish. Other indexes look more like symmetrical triangles

GD

#5 hiker

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Posted 25 July 2007 - 12:57 PM

200sma tagged. see PnF chart projection FWIW

http://stockcharts.c...allery.html?IWM