iShares Russell 2000 ETF

Wedge City

By mortdiggiddy

Updated

Russell firmly broke the ascending wedge this week on trade deal news.

Note

The 55 day lowest close is an important support and we may see a rebound here in the coming days.

Note

Nice 20 point bounce from that 55 day lowest close level.

Note

As suspected, just a dead cat bounce on support.

Find the edge.

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