Russell 2000 ETF (IWM) Analysis
Current Price: $2133.697 as of June 20, 2025
Market Overview
The Russell 2000 ETF is currently experiencing a mixed outlook. The latest technical analysis indicates a bearish sentiment with a 9/13 count signal suggesting a sell. The short-term trading bias is neutral, while the order book sentiment is bearish【4:1†source】.
Technical Indicators
| Indicator | Status |
|---|---|
| EMA (10) | SHORT |
| SMA (50) | LONG |
| RSI (14) | NEUTRAL |
| MACD | SHORT |
| VWAP (20) | SHORT |
Support and Resistance Levels
The key support and resistance levels for the Russell 2000 are as follows:
- Resistance 1 (R1): 2113.97
- Resistance 2 (R2): 2148.77
- Resistance 3 (R3): 2168.67
- Support 1 (S1): 2059.27
- Support 2 (S2): 2039.37
- Support 3 (S3): 2004.57
Investment Recommendation
Given the current market conditions, it is advisable to monitor the price action closely around the resistance levels. A breakout above $2148.77 could signal a bullish trend, while failure to maintain above $2059.27 may lead to further declines【4:1†source】.
Conclusion
The Russell 2000 ETF is at a critical juncture, with bearish signals in the short term and potential for volatility. Investors should remain vigilant and consider both technical indicators and market sentiment before making investment decisions.
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