antwan611
Short

IWM Near term pullback expected

AMEX:IWM   ISHARES RUSSELL 2000 ETF
24 0 0
With the fed now out the picture, there is only one way to get them back in, that's the market throwing a tantrum. The IWM             is still down on the year and has rallied back very violently from its most recent low, right into a strong resistance, it hit it and fell back. Near term support is 108.50-109 area then no one home til a test of the recent lows of 104. The market across the board looks ready for a pull back and the fed gave the excuse to say the very least. IWM             is 55x earnings and very low volume , this market is very illiquid. Any pullback will get scary very fast. I expect a material pull back by next friday
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out