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The Most Important Line In The World

Published 12/11/2013, 11:09 AM
Updated 07/09/2023, 06:31 AM

This is the fifth time the iShares Russell 2000 Index (IWM) has tagged its supporting trendline. In every prior instance, it has simply pushed higher to new highs never before seen.

Watch Out, Bulls
Once again, we're at that line. If it breaks that line in earnest, the bulls are dead -- and God knows they deserve it. But if the line holds again, then the forces of darkness will continue to prevail.
iShares Russell 2000 Index

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