Select Page

Time to re up those Russell 2000 hedges?  $TWM has retraced 50% of the entire rally off the 2018 lows.  The $18.25 to $17.95 area represents a solid support zone.  This area is marked by the March/April/October highs near the upper band.  The November high marks the lower band.  The 50 day moving average, which held the October and December lows, is just above.  We currently do not have a position in $TWM but are watching the action closely.