Expect a reversal imminently for IWM

Short

iShares Russell 2000 ETF (AMEX:IWM)

Updated

AMEX:IWM iShares Russell 2000 ETF

Trend Analysis Beyond Technical Analysis Chart Patterns IWM short Bearish Patterns consumerconfidence topping reversal RUSSELL 2000 IWD

trendanalysis beyondta chartpattern iwm short bearish consumerconfidence topping reversal rut iwd

Reversal imminent in my opinion.

Not trading advice.

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IWM up 20% this month.

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12% above the 50day MA
8% above the 20day MA

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I count six (6) open gaps to fill just from November for IWM...

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My near-term target for IWM is $181-$177

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