Russell 2000 looks to have double-topped IWM

The Russell 2000 has lagged all year and with the early July double top increasingly looks to have seen its cyclical bull market highs. While another rally to a lower high is certainly possible, this double top formation is important for perspective in trading the broader U.S. stock market in the near to medium term.

Serge Berger
TheSteadyTrader.com

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