The Traderszone Network

Published in TZ Latest News 1 November, 2017 by The TZ Newswire Staff

Risk On Looked a Little Risk Off Today -New Stock

I usually watch the Russell 2000 (IWM) and biotech (XBI, IBB) to get a feel for risk and today both were soft.  The overall pattern of the Russell is still bullish and unless it has a big down follow-through day tomorrow.  The Russell hit lateral resistance today and backed off.  I wouldn’t necessarily count on a big sell-off…

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