Group 1: Russell 2000 ETF (IWM) Analysis - The Russell 2000 ETF (IWM) is currently facing a potential triple top pattern, indicating a bearish reversal from an uptrend to a downtrend [1][2] - The support level for IWM is identified around 210-215, with recent price rejections at higher levels [3] - Recent lows for IWM over the last three weeks are 235.42, 236.75, and 237.55, with a concern for a potential breakdown if the price closes below 237.55 [4] Group 2: Retail Sector ETF (XRT) Insights - The Retail Sector ETF (XRT) reached a peak high last week, but overall performance is underwhelming compared to the all-time highs of 2021 at 104 [6] - A potential reversal top is forming for XRT, with a critical level at 86.46; closing below this could signal a larger correction [7][8] - If a correction occurs, a decline to the 80 area is anticipated, with current performance on par with the benchmark [9]
How Much of a Stock Correction Should Investors Expect?
See It Marketยท2025-09-26 18:59