IWM (Russell 2000) is the weakest index in comparison to SPY,DIA and QQQQ ! We are trading on IWM at prices not seen since August,wich is still not the case for the other major US indices ! This is the way I see it for IWM : A failure to close above $59.30 early next week would send IWM crashing down to $52 in the next few weeks !
