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Chart Of The Day: IWM

04/01/2022

Less than a minute

2022.04.01 01:46

Chart Of The Day: IWM 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.

Source

04/01/2022

Less than a minute