I am still keying off the $115.50 level on the IWM, small cap ETF, seen first below on the 30-minute timeframe. We have been observing this level for a while now, and you can can the horizontal blue line extending back indicates how important this level was.
I will wait for a lift over this level before seeking to put on other longs.
And as far as the Russia ETF, second chart below on the daily timeframe, even though I got shaken out from my short a few days ago, plenty of our members in 12631 are still holding RUSS and playing for a Russia breakdown.
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