My view on IWM is very ambivalent. The bad- I learned over the years that small cap r leading the way to the big caps. IWM used to make new highs or lows b4 the spy. These days we c the spy makes new highs and IWM is way far from any previous highs. The good- In technical prospective i can identify an inverted head & shoulder Pattern and a golden cross of 50 & 20 DMA The ugly- Cant decide whats more meaningful can u?