When examining the IWM over the past two years, Nathan noted that group is
nearing a key technical level at its 200 - day moving average.
Not exact matches
The benchmark S&P 500 Index closed right at the edge of two
key technical support
levels yesterday, and a breakdown below that pivotal convergence of support
levels in today's session could easily lead to a sharp move lower in the
near - term.
Nothing is confirmed, of course, and if we fall once again to the $ 100 billion
level, it will again become a
key level to keep an eye on as indicative of
near - term action, but as far as
technical indicators go, this one looks sound.