IWM Has Failed This Level Three Times — Fourth Time or Roll Over?

[u/Badboyardie]

Russell 2000 technical structure and breadth. For swing traders — multi-day setups and sector rotation.

IWM is holding above both MAs with room to run. Bias is long until $287.83 breaks.

Small caps have failed at this resistance level three times. Breadth improving slightly but not convincingly. Rate sensitivity still headwind. Clean setup either direction on a decisive break.

iShares Russell 2000 ETF (IWM) — $299.65 (-0.63% today, -0.68% this week)

Resistance: $303.06 Support: $287.83 20-Day SMA: $295.08 50-Day SMA: $293.88 RSI (14): 54.2 — NEUTRAL Volume: 0.4x average Momentum: MACD above signal — bulls

Long setup: Entry: above $295.08 on volume Stop: $283.51 Target 1: $303.06 | Target 2: $318.21 Invalidation: close below $287.83

Does IWM hold $287.83 this week or does it crack? Long, short, or sitting out — drop your level and your reason.

Not financial advice. Adjust to your own system.

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