CosmicDust

IWM weekly - similarity to 7/30/2007 - 8/29/2015

AMEX:IWM   ISHARES RUSSELL 2000 ETF
IWM
44 3 2
iwm
If this is a repeat of 7/30/2007, this rebound still has leg and can gain another 9% from this point on (bring it to $125 level, and surprise many people), and may last about 2 months. I am watching potential breakout of those red resistant lines for confirmation.

Note this is only ONE of many possible outcomes given market volatility . Even this is materialized, it may still be a counter trend rally and may be the start of another BIGGER drop. So play it safe.
CosmicDust jangseohee
Uncertain how high it can go. Thanks for sharing!
+1 Reply
jangseohee CosmicDust
YW
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out