The Russell 2000 has been very bear flaggy for a month now. A check of the IWM ETF shows higher down volume than up volume on an overall low volume rise.
The Russell 2000 has been very bear flaggy for a month now. A check of the IWM ETF shows higher down volume than up volume on an overall low volume rise. The last big volume was on the plunge from the SMA 200. It’s a classic bearish setup and maybe it’ll be worth watching the RUT as a downside leader again. This does not look to have nearly the bounce potential that the SPX has.
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