Short Russell 2000 $IWM $RUT

TVC:RUT   Russell 2000 Index
30 0
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.

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