unforgiven
Long

Market breaks meaningful downtrend line!

AMEX:IWM   ISHARES RUSSELL 2000 ETF
22 0 0
This mornings rally continues the subtle strength shown by the market yesterday when the S&P             broke above the downward sloping trendline that has served as overhead resistance since the beginning of the year. We will now get a retest of support near the lows, and will be watching for internals and volume to confirm this as a legitimate short-term bottom.

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