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S Fund
- Thread starter Wheels
- Start date
Bullitt
Well-known member
Another big hit to IWM today. Heading for that red zone.
https://www.tsptalk.com/mb/the-s-fund/29-s-fund-post654645.html#post654645
https://www.tsptalk.com/mb/the-s-fund/29-s-fund-post654645.html#post654645
Looks like a Mothman pattern. :sgrin:
Bullitt
Well-known member
bmneveu
Well-known member
Would like to see that ceiling act as a floor now that it is under us. If we retrace and bounce off it to the upside, that is very bullish to me.
Bullitt
Well-known member
On the weekly it doesn't look as bad, but here is the daily IWM. Possible break of that support line that was previous resistance and will be something to watch next week.
S fund has more of those small cap stocks that rely on cheap lending to fund their ventures. With everyone seeming to think higher rates are in the cards, it's natural that they'd get hit. How much the fed can really raise rates is the question.
S fund has more of those small cap stocks that rely on cheap lending to fund their ventures. With everyone seeming to think higher rates are in the cards, it's natural that they'd get hit. How much the fed can really raise rates is the question.
FireWeatherMet
Well-known member
That 2050-ish level is still 10% above current levels (1845).
I can't imagine anyone sitting on the sidelines right now, with so much room to move higher before the next major resistance level.:thinking:
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