Market Breadth Data******************************

Saturday, August 15, 2015

$IWM Pattern and Trend

IWM (Russell 2000) has been trading for several weeks around the key 120 level which acted as resistance all throughout 2014 and turned into support in 2015:

The length of the current downswing is on par with similar occurrences during '14 - '15.
Sentiment is neutral and resistance remains at 123.6..

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