IWM 60 BY ART HILL IWM surged to 116.5 on Thursday and then dropped back to the support zone on Friday. Given the failure at Monday's high, it looks like the downswing rules for now. The September decline looks like a falling flag with resistance set at 116.8. I think that both SPY and IWM need breakouts to make for a sustainable reversal
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.