The Russell 2000 stock chart is showing a typical downtrend with lower highs and lower lows. Where will it find the bottom for the next swing trade possibility? The market is still very volatile right now, so you should be in cash.
Tag: technical stocks
The stock chart for IWM still shows the havoc wreaked on the stock market a couple of weeks ago. The technical analysis shows a bounce off the bottom, the a follow through day this past Wednesday. Then it started to pull back on Thursday and Friday. Is it going to fill the downside gaps?