IWM Breadth Signals Late-Stage Rally Conditions

jfsrevg
12-13 07:36

IWM Breadth Signals Late-Stage Rally Conditions

It may already be late to add fresh longs in $iShares Russell 2000 ETF(IWM)$ names after a 12-day upcycle following the initial downtrend-channel breakout.

R2TW is now pushing above the 80% mark, which sits within the historical correction zone (80–90%).

If you have been rewarded during this phrase of the market, always remember to sell some into strength.

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