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Sean HymanSean Hyman
Keymaster
Post count: 3810

Economically sensitive small caps (IWM) are looking weak on its weekly chart. If it breaks below those moving averages, it could unleash the next wave of selling and if it breaks that decade-long trend line, then it would likely unleash even more selling.

If that happens, its a bad sign for the overall stock market and would enhance the chances of the Dow, S&P 500 and NASDAQ following.

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