Small Caps at Short-Term Low?
11/04/2009 9:21 am EST
It was another choppy session on Tuesday as the intraday selloffs were well supported. The small caps were the strongest after the transports. IWN has reached stronger support at $54.50-$55. The RSI3 is trying to turn up from oversold levels and a higher close today would be a short-term positive, with resistance at $60.