IWM Follows
“The man who does more than he is paid for will soon be paid for more than he does.” – Napolean Hill
More great action this very stormy day in my parts, which saw IWM definitively, for now, breakout of the nice long flat channel it’s been working on.
With SPY, IWM and QQQ all breaking nicely higher out of bases I don’t much other than upwards action coming our way, still.
Stay with the trend.
(Click on image to enlarge)
The breakout is holding and accelerating, leaving shorts holding the bag.
Lower volume on this breakout isn’t worrying at this time.
The trend remains up.