Stock Markets Analysis and Opinion
Chart Of The Day: IWM
2022.04.01 01:46
IWM Daily Chart.
The iShares Russell 2000 ETF (NYSE:IWM) tricked longs back in the fall of 2021 and that “false breakout” led us to a breakdown.
Once again, the break back above the 209.50 level this week may have led to another “false breakout.” Can we see a move to the 188.00 level and beyond?
I think bulls have something to think above. Fool me once.
