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Small Caps (IWM) YearlyS2 to R2

December 11, 2016

 The small cap ETF IWM in 2016, went from a low in Feb. on the Ys2 Pivot to a high so far in Dec. at the Yr2 Pivot. This is good spot to scale out of some profits. With 2 week left in the year, price could rest/consolidate and go to Yr3($147) or pullback to the Yr1 Pivot @ $125. Reduce some risk.

 

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