themarketzone

Testing broken resistance - Will it hold?

AMEX:IWM   iShares Russell 2000 ETF
$IWM had a nice reversal over the last trading week, which I've i traded successfully (special alert letter was sent to the Elite Zone members - Become an Elite Zone member - www.themarketzone.net/)

Now $IWM is facing the same resistance it broke during February and it should act as support (if it wasn't a false break)
120$ is the crucial zone to monitor this week

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