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themarketzone
Dec 29, 2014 11:40 AM

Can it break? or we'll get the confirmation for the False Break? 

iShares Russell 2000 ETFArca

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After the breakdown of the uptrend line, can the IWM finally complete the reversal?
For now, with the help of the Fed, there are breakout signs that suggest that the IWM can continue higher, but is it a real break? or a Christmas False Break?
Two lines to monitor over the next 2 weeks.
120$ is definitely and interesting zone in IWM
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