iShares Russell 2000 ETF
Short

$IWM Today's Trading Range 11.25.24

88
IWM is trying so hard to make those new all-time highs. We’re not far away from those highs made three years ago and today’s gap up was definitely a push and attempt to do that. We are definitely overbought here. Keep an eye on the 35 EMA if it does cross up in the rain today, expect a pull back and if not , then maybe tomorrow will hit those all-time highs. At that point I think will be pretty exhausted with this run. I know I’ll be a seller at all time.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.