RTY [$IWM] | One Last Push to All Time Highs Before A Correction

1 ธ.ค. 2020

Today price broke out from a bearish rising wedge. Since the breakout the Russell has been consolidating within a bullish flag.

Price may break out of this bull flag and move higher (~$1900) where it can complete the retest of the large bearish wedge.

I will look for short opportunities around the ~$1900 psychological level and/or wedge retest.

Downside targets: $1850, $1810, $1750