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MountainFX2004

iShares Russell 2000 short...

Short
iShares Russell 2000 ETF (AMEX:IWM)  
MountainFX2004  
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Hi! this analasys is about shorting ETF. As you can see at chart, we see the trend is broken and 20SMA, 50SMA and 200SMA is crossed. In same time we have bearish flag pattern and i am waiting for to break lower trendline of flag pattern. My TP is 171.00 and SL is 209.46.



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