antwan611
Short

IWM Near term pullback expected

AMEX:IWM   ISHARES RUSSELL 2000 ETF
26 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
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