IWM Sell Signal Pending: Hourly (bottom of) close below $221.00 (currently 221.30) Option: May 21st $215P (currently 5.18-5.20) This signal, if triggered, will in effect be taking the place of the QQQ puts which expire next Friday. QQQ (along with SPY and DIA) is not close to triggering a Sell Signal, suggesting that the Russell 2000 has topped first and will lead the market down in the weeks ahead. I can find no attractive bullish price patterns except for TSLA and the Cryptocurrency stocks, all of which are weak today. That will set-up fresh buy signals when the "dip" is over.
