IWM here doesn't look that bad for a channel bounce. It has been stuck in this range for a long time now and once again seems to be on the bottom of that sideways channel.
I like it as a long down here and your stops are close if we break and close under the channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.