IWM - Doesn't Get More Bearish

2021년 11월 19일

Just another bearish post. All three of my regular indicators are now pointing to IWM taking a dump.

Bollinger Bands, IWM is below the 20 DMA.

Stochastic flashed a bearish signal a few days ago, and is heading to oversold territory.

MACD crossed said to sell on Wednesday.

A contrarian investor would say its a good time to buy though. Persoanally, I'm selling call spreads for Dec expiration.