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Russell 2000 dropping further into quarter end
Breaking most recent 20 week trough; dont be left out, short with longer time frame traders during next sessions
IWM 0.00%↑ Looks Bearish for the medium term, spotting opportunities to short into weekly range lows 165.00, with further weakness to 125.00 possible. Targeting 159.00 short term.
IWD 0.00%↑ target 129.00.
They broke cyclitecnical trendlines just watch out for opportunity to short, when IT PRESENTS ITSELF. THATS THE KEY. WAIT UNTIL YOURE NOT THE ONLY ONE SHORTING…Then add positions with conviction.
Edit monday Oct 2:
EDIT OCTOBER 12 MARKET CLOSE:
Double failure of long term trendline.
EDIT: OCT 20 2023
Target low 140s into late October! The weekly projection is 136 on IWD 0.00%↑
EDIT CTOBER 28 2023: MORE WEAKNESS
Tgt 129.00 as stated..