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IWM Fakeouts Are a Tradeable Trend
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iShares Russell 2000 ETF
(
AMEX:IWM
)
mroberts1204
Premium
AMEX:IWM
iShares Russell 2000 ETF
Trend Analysis
Chart Patterns
Technical Indicators
IWM
russell
1
0
trendanalysis
chartpattern
indicator
iwm
russell
The Russell likes its fakeouts. We had two to the upside recently. We could be seeing a fake breakdown developing now. $170 is the level I'll be watching. A close above there on Friday would be a trigger a long with a target of $185-$190.
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