No man's land is a term for land that is not occupied or is under dispute between parties that will not occupy it because of fear or uncertainty.From Wikipedia
IWM 240m
IWM Daily
The IWM (Russell 2000 ETF) charts above pretty much sum up the current state of market direction, still Long, but barely so. Weakness early this week will likely trigger a host of Trend Reversals from Long to Short, while anything but weakness will keep the current Long Trends in place. There are no high probability trades here, not yet.
