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Apr 2, 03:53 PM
Economics
Business

Volatility Strikes $IWM as Small-Cap ETF Faces Resistance, Bearish Sentiments, and Interest Rates

Authors
  • Heisenberg
  • Wuhan Blitz Primary Swan
  • ⭐️ Monica Kingsley ⭐️ 🇬🇷
4

$IWM, an exchange-traded fund tracking small-cap stocks, is experiencing significant volatility. It has an open gap at 169 that is expected to be filled. After hitting resistance at 212.50, it is now crucial to hold at 200. The index is highly sensitive to interest rates, with recent bearish sentiments surrounding it.

Written with ChatGPT (GPT-3).

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