With VXX fast rising against the resistance, RSI is approaching short term overbought zone, meanwhile, IWM is sitting right on a support line that has been formed since Nov. 2013. If this support line can hold for today, I expect a IWM rebound early next week. Otherwise this line may become new resistance.
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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.