Back on March 3, I anticipated that the IWM (ISHARES RUSSELL 2000 INDEX FUND) would at the very least extend to just above its WEEKLY 200 SMA. This analysis is simple and based on several factors that make up my CROSSHAIRS strategy. Let’s take a look at what has happened since.
MARCH 3 IWM CHART
CURRENT IWM CHART
What will happen next? I do not know right now as my charts are speaking a foreign language that I do not understand.
DISCLAIMER: Nothing here should be construed as a solicitation to buy or sell the securities mentioned. This is for informational purposes only. You should always do your own homework.
