BEI

IWM - Fibonacci & Trendlines

AMEX:IWM   ISHARES RUSSELL 2000 ETF
133 2 1
Long term view of IWM             , Next important resistance 109.28 level, might re-make 2011 kind of high formation, riding yellow trendline until that level. But RSI looks overbought, might reload to work those overbought indicators. The same analysis with SPY             , aiming for 175 until reversal but short term overbought
Nearing the top again...low volume
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Nearing the top again...low volume
Reply
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