CosmicDust

IWM update - 12/17/2014

AMEX:IWM   iShares Russell 2000 ETF
iwm
Rallied hard today because the Fed unexpectedly changed its rate hike expectation. Anything changed in terms of technical profile? No. Even with the rally it is still stuck within its downtrend channel. Will keep my short position with caution and will keep sharp eyes on how market progresses next couple of days.
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