TradingView
BengalTigger
Jan 10, 2019 1:59 AM

IWM: Caution. Update 

iShares Russell 2000 ETFArca

Description

IWM came out of the bearish wedge I referred to yday. It is possible that we might get only a shallow PB before another attempt to 144-145 where it might fail for a deeper correction. For now, 139-140.8 is support lets see what happens there.

Comment

I threw the idea of a shallow PB. Perhaps thats all it is Almost touched support. Similar pattern to ES. Out of the bearish wedge. I think the 145-23 area is a likely target in ST
More