TaPlot

IWM Russell2000 Important Level

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AMEX:IWM   iShares Russell 2000 ETF
#Russell2000 $IWM continues to pullback.
The 50 MA is conversing with strong weekly support at $228 (circle on the chart).
If bulls fail to protect that level and get a bounce going, this 9 months rectangle breakout is in big trouble.

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