Quote Originally Posted by mklein9 View Post
With today's close (not shown on the chart), this fall has broken through all pivot supports and is now in no-man's land with only isolated weak support starting with MS2 at 73.45.

-Mike
Isn't Q S1 at 75.24 and S S1 at 75.05? Both medium-strong supports? I can be wrong of course.

Looking at the IWM daily chart I can see that current levels were reached at the end of January. I also notice that RSI is as low as it was in July 2010, and that the July and August 2010 lows look a bit like the June 2011 and current lows. Wishful thinking perhaps.

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