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Eclubtrading

Small caps need to lead in order to confirm the bottom

Long
iShares Russell 2000 ETF (AMEX:IWM)  
Eclubtrading  
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns Technical Indicators iwmlong
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trendanalysis chartpattern indicator iwmlong
The small caps are a great barometer of the overall investors' risk appetite. Yesterday's reversal is the first bullish sign. A session above yesterday's high and its 8EMA around $178.5 would confirm the trend change.
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