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Shortmetina

IWM continues to HOLD support

iShares Russell 2000 ETF (AMEX:IWM)  
Shortmetina  
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns Beyond Technical Analysis IWM iwmshort iwmlong range smallcaps presidenttrump
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trendanalysis chartpattern beyondta iwm iwmshort iwmlong range smallcaps presidenttrump
IWM is within a 2 year channel with distinct points.

Lower end (red arrows) around $144-$145
Upper end (black arrows) around $160

Highlighted areas are times in which we breached those areas.

Yesterday the IWM traded down as low as $144.25, buyers stepped in to drive the ETF up.
Buyers have stepped into and bought around that area for the past 2 years.

Solid support.
Resistance of $160 is just as solid.

Aviso legal

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