TradingView
rb5
Nov 29, 2016 8:24 AM

Short Russell 2000 $IWM $RUT Short

US Small Cap 2000 IndexTVC

Description

After 15 days of gains the RUT finally broke its uptrend and is very overbought on the daily chart.

First target for shorts is the .236 Fib level at 1300/2. If it holds that level and consolidates it may prove a good spot to be long.

More