iShares Trust Russell 2000 Index Fund ($IWM) is seeing a death crossing occurring today. The 200 day moving average is crossing above the shorter term 50 day moving average. While this is sometimes a lagging indicator it can also be a bearish signal indicating further potential downside.
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iShares Trust Russell 2000 Index Fund is below the 50 day moving average and below the 200 day moving average. These are bearish, bearish indicators respectively.
iShares Trust Russell 2000 Index Fund The investment seeks to track the investment results of the Russell 2000® Index, which measures the performance of the small-capitalization sector of the U.S. equity market.
The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index.