This is an unusual retest of an unusual air bottom. There was a little bounce around 406, no doubt helped by poorly positioned stop orders. The couch potatoes are also showing some support at a place that at least makes some technical sense. IWM has deserved little commentary, as the past four months show more… Continue reading 5/19/21 The Homestretch
Day: May 19, 2021
5/19/21 Current Signal xLH
The failure of the 2nd consecutive Thursday/Friday rally seems about to go from foregone conclusion to official, just in time for a third consecutive rally attempt tomorrow. Value is dominating growth in all three Yrmolation periods with SPLV and USMV lagging among value ETFs. SPLV pays monthly dividends, but I don't think investors expect it… Continue reading 5/19/21 Current Signal xLH