The iShares Russell 2000 ETF (IWM) traded as low as $244.39 on Monday and entered oversold territory as measured by the Relative Strength Index (RSI). This is a technical-market signal indicating increased bearish momentum and potential for a short-term technical bounce or continued weakness, depending on follow-through rather than fundamental news.
The iShares Russell 2000 ETF (IWM) traded as low as $244.39 on Monday and entered oversold territory as measured by the Relative Strength Index (RSI). This is a technical-market signal indicating increased bearish momentum and potential for a short-term technical bounce or continued weakness, depending on follow-through rather than fundamental news.
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