As the US stock market corrects... US indexes are largely intact, and that includes NDX, even as everybody hates Tech now. SOX is intact too, but as we've noted for…
Small caps (IWM) are precarious There is an old saying among the men who stare at charts... "The more times a support level is tested the weaker it becomes." Okay,…
Small Caps (IWM) are at a technical decision point And that decision is between breakdown or a hold of the daily trends of the SMA 50 (intermediate) and SMA 200…
Small Cap (Russell 2000) iShares is at important support The chart of IWM implies that the correction needs to end sooner rather than later or some markets are going to…
I think it would be wise to note that if you have a short-term strong dollar view this update might best be ignored. If you think the buck can take…
Want to see some different flavors of bearish? Well here they are. The Financials are dropping to the neckline of a bearish pattern once again. I am already short (via…
Reference the RUT-SPX chart that is shown each week in NFTRH. We have followed the Russell 2000 leading the S&P 500 for all of 2016 and yet, it is approaching…
During the early December correction that set the stage for the Santa rally, we (being NFTRH) watched the Russell 2000, which had actually been relatively weak as it floundered below…