Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

IWM Ready To Kiss Resistance?

|Includes: iShares Russell 2000 ETF (IWM)

IWM, the Russell small cap ETF, broke under long term trend line support earlier this month. It has rallied back to the trend line. A failure here would likely suggest more downside to come.

Here is a closer look at just the last twelve months: