ARTICLE SYNOPSIS...Many methods of technical analysis can be used to determine the future trend of the US dollar. This analysis uses methods developed by Alan Hall Andrews including the use of the Andrews pitchfork.
ARTICLE SYNOPSIS...The long-term and intermediate-term trends are critical to the health of a bull or bear market. Currently, IWM remains in a bull market, but its health is critical. These two lifelines need to stay healthy to keep the bull market alive for IWM.
ARTICLE SYNOPSIS...The ProShares UltraShort Russell 2000 ETF is now in an upward trend. By using the Andrews pitchfork, we can determine an initial target price.
ARTICLE SYNOPSIS...While there are many different methods used to determine trend, this one uses the rate of change indicator.
ARTICLE SYNOPSIS...Statistical analysis show that the Proshares UltraShort Russell 2000 ETF (TWM) in now in an established uptrend.