IwmiShares Russell 2000 ETFBATS:IWMContraryTraderHeld up well trading inside this tight channel for July... I think Next week or 2 we will have a water fall moment and this channel trade will turn into a water fall.. I like the short of 294-295 which is the channel top and 20ma resistance... Stop loss above 297.00 Target 281 or if they decide to be Aholes about this short you can cover at channel bottom or 288. We pretty much are at resistance and trendline support from April, So, next week something will have to give