PalenTrade

Will Russell 2000 Lose 24% of Value?

做空
BATS:IWM   iShares Russell 2000 ETF
Russell 2000 Testing key level. Would make sense to get a bounce from here, but the 2 year downtrend clearly shows bear pressure. If we break 159 next target is 145

If we get back inside of the triangle, I think this analysis is invalid and we might continue upwards


ps. This is weekly chart so this will take time unless we get some kind of catalyst


Active Trades GOLD, DYDX and XRP



-PalenTrade

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