Wednesday, January 19, 2022

Russell 2000 ETF update 01-19-2022

Russell 2000 small cap stock ETF breaks support again

The Russell 2000 ETF (IWM), on Avoid, trading today at $205 continues to deteriorate, and breaks under the next long term Reversal (support and resistance) at $208.10. .see stock chart below.

Oil, and Energy stocks, Long. Gold, Treasury Bonds, Avoid... Inflation trade? Whatever is trading in excess of 20% annualized long term.

Russell 2000 Index ETF (IWM)


 

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