Marking Momentum Support for the Russell 2000 ETF



The Russell 2000 ETF (IWM) surged to a new high with two long white candlesticks. Notice how the ETF opened weak on Monday and then moved higher and exceeded the September high. Also notice how StochRSI held support at .50 and moved back above .80 today. Chartists can now mark momentum support at .50 on the chart.

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