IWM update - cautiously bullish - 6/18/2015

iShares Russell 2000 ETFArca

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⋅ Jun 18, 2015 4:37 PM

IWM broke out strongly. Given the rising wedge and RSI resistance, a short term correction to the lower RSI support is very likely. If the RSI can manage to break out too, that will change the game.

IWM