Bear Cave 2 (Bull Allowed)

This will cause some problems for those living pay-check to pay-check...

Personal Finance

Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer​

Key Points
  • The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a few months.
  • Meanwhile, it began this week alerting around 195,000 defaulted borrowers that their federal benefits will be subject to garnishment in 30 days.


 
IWM daily: IWM is on the move, and is above the 50 day SMA. Good news for the Bulls... Sell IAU and buy IWM.... ( sell gold and buy stocks)

We shall see how it plays out, but looking good for stocks....
 

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IWM monthly: An important chart in my opinion....

IWM monthly: Buyers moving it higher and IWM is testing the 3 EMA monthly trend line. Again, good news for the Bulls. We shall see how the rest of the month goes... IWM monthly needs to get back above the 20 SMA, the 10 SMA and make a higher high. The lower high remains in play right now due to all the crazy shit going on..... Holding above the 50 month SMA keeps the trend on the Bullish side, and should cause more buyers to come in...
 

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