Get started
ivanbrian9

rangebound, looking to break lower which would drag everything

iShares Russell 2000 ETF (AMEX:IWM)  
ivanbrian9  
AMEX:IWM   iShares Russell 2000 ETF
Chart Patterns Technical Indicators
1
0
chartpattern indicator
IWM has been lagging and is looking to break out of the long term range we have been in for all of 2021. if it does it will drag everything down. but RSI and CCI both have come back from oversold so risk reward favouring upside, look for MACD crossover to confirm. Getting in too early is always a probelm, wait for confirmation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.