Chart Of The Day: IWM

The iShares ETF (NYSE:) 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.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Comments are closed, but trackbacks and pingbacks are open.