Well, this is the 5th day in a row that IWM has given us a black candle (that is, a closing price lower than the open). It’s not scientific, but I took a hard look at the IWM for the past two years, and I don’t think I found any other instance of this happening. It’s nice to get some consistency to the downside (although the percentage move isn’t that huge yet).
By Tim Knight – March 27, 2014
See full story on slopeofhope.com