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iShares Russell 2000 ETF
Long

IWM Bounce

65
Looking to play the bounce of the IWM.

Thesis:

Seasonality looks good for an end-of-year rally.
Interaction with lower channel trendlines that have bounced before.
Negative Divergence on the RSI.
jl360
Chart PatternsParallel ChannelTrend Lines

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsParallel ChannelTrend Lines
jl360

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.