Short Russell 2000 $IWM $RUT Short
US Small Cap 2000 IndexTVC
Opis
⋅ After 15 days of gains the RUT finally broke its uptrend and is very overbought on the daily chart.
First target for shorts is the .236 Fib level at 1300/2. If it holds that level and consolidates it may prove a good spot to be long.