Near enough to a multiple bottom to call it such
Instead of long for a bounce, I’m waiting, and looking for a good spot to short (near here), until more proof develops that bulls can hold water….
IWM is weighted about 18% small financials (eg: PSCF) and about 18% small tech (eg: PSCT)
So I’m thinking it’s not the end of the world until these two give up (PSCF is still barely in long territory),
or until IWM breaks that bottom line decisively
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