Small caps turning more bullish
Monitoring the charts today was bit like watching paint dry. Hard to keep your eyes open for most of the day.
However, by 3:30PM EST, we did see that $RUT IWM TNA acting much more bullish than $SPX SPY $COMPQ QQQ TQQQ.
So we emailed an alert to our subscribers, and bought some TNA shares ourselves. You can see our open positions and recent buy/sell here.
With $RUT IWM TNA suddenly acting much more bullish, the long-term indicators are actually conflicting with each other. However, we still think that the high of last Friday March 22 is a tough resistance level to surpass for now.
So here are the signals that our trading system is telling us.
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