$TNA $IWM the Russell touched the lower trend line and found support. If the support holds we could see a rebound from here. I plotted the R2000 as the 3X leveraged (TNA) ETF of Russell doesn't quite show this trend line due to "leveraging" effect. We will see next week what happens. The R2000 has been in a consolidation pattern for half a year now. Hopefully it will break out soon (above the upper trend line).
2
9
9 Likes