IWM – Russell 2000 ETF (Last:68.36)

IWM, the Russell 2000 ETF, is approaching a shortable “D” target at 70.67 based on the weekly chart.  Traders should sell short at 70.56 with a stop at 70.86, risking $30 per 100 shares traded.  Please note that these levels have been adjusted from those mentioned initially in the chat room on Monday.  (Posted by Doug McLagan)  ________ UPDATE (2:58 a.m. EST, March 31):  This tout is no longer active.  It was replaced on March 31.