Unfortunately, this morning, the Founders Group has been stopped out of both the IWM and DBC initial buy positions at the previously communicated stop levels. Our group stuck a toe in the water on the sell-off into the five-day line this morning.
The positions rallied but then returned to the line, which is not holding at this writing. That also means that the 5-day line on both positions is failing, pointing to further declines. Both ETFs are still on our radar, but we hope to acquire them now at lower prices.
A.F. Thornton