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iShares Russell 2000 ETF

Russell 2000: Bottom is in. Resting on two key supports.

By TomDaSpankEngine
IWM is sitting at the confluence of a 6-month support trend line and a 16-month support trend line. Daily RSI is at its lowest level since March 24, just one day after the stock market bottomed following the corona virus crash. Primed for a bounce.
Chart PatternsTechnical IndicatorsIWMIWOrussell2000RUSSELL 2000smallcapssmallcapstocksTrend Analysis

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