$RWM - Inverse Russel 2000 ETF - Long

Thesis
Long Inverse RWM due to weakness in small caps.
It would be early to enter this trade.

Confirmations:
1. Above support
2. Higher highs and higher lows on Day and Week chart.

Contradictions:
1. Price is at the 8 Day EMA not above it.
2. Price is below the 21 Day EMA.

Trade:
Long RWM

Related Trade:
Short IWM

Disclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.