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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Back to the Automat for the Same Deal

chessNwine Thu Jun 26, 2014 9:50am EST 4 Comments

MwuNX9I

After exiting my TZA long yesterday for a win on part of it and a few pennies of a loss on the other, I am back to stalking the short side of the small caps if this opening 30-minute red candle on the IWM ETF follows-through lower.

We observed the rising wedge on the small caps yesterday, with no resolution.

If bulls turn us back higher, a few beaten-down long ideas with plenty of shorts to squeeze: ANR CLF WLT.

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IWM

 

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4 comments

  1. Carolina
    Carolina
    June 26, 2014 at 10:01 am

    Visa short looking sweet!

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  2. jalf
    jalf
    June 26, 2014 at 12:35 pm

    Chess, what your thoughts on WWAV

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