SwingTtrader

IWM is running out of momentum

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AMEX:IWM   iShares Russell 2000 ETF
The IWM looks like it's running out momentum, and I expect it to come down very soon. My target will be $158 to recover the short position. Also, if you look at the RSI, you can see is peaking, and this is a clear indication reversal is imminent.

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