Watch IWM today. It could tell you if we're at the short-term top. IWM hit the 38.2% fib retracement and is testing late January/recent support/resistance levels.http://www.freestockcharts.com?emailChartID=68565c09-84a6-4a52-978a-7a7d9200e35b
Too much resistance in IWM there. I sold out at 77.75 (38.2% fib retracement). It looks like everyone that bought in January cashed out when it got back there.
so whats the Play for the REST of the Day & what to watch for?I sold my GOOG/CF/JOY calls and took my profits.thinking about short on CMG soon.$420'sWhat you think?