SPY_Trader

IWM - The party is over (for now)

AMEX:IWM   iShares Russell 2000 ETF
Today the IWM opened at 384.66. Through the day it traded as high as 386.13 and as low as 380.20
Bollinger Bands
Looking at the Bollinger Bands for IWM, you can see that IWM is trading in the lower, which is considered to be a bearish sign.

MACD
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards IWM by the market.

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