[May 21, 2012] Shares of iShares S&P SmallCap 600 Index Fund Exhibit Possible Trend Reversal as it Trades Higher (IJR) Tweet May 21, 2012 (SmarTrend(R) News Watch via COMTEX) -- iShares S&P SmallCap 600 Index Fund shares are trading on heavy volume today, having risen 1.0% to $70.50. About 3.1 million shares have been traded today, as compared to the 30-day average volume of 1.8 million shares. Unusually high volume can signify a potential turning point or validate a breakout. SmarTrend recommended that its subscribers protect gains by selling shares of iShares S&P SmallCap 600 Index Fund on April 10th, 2012 by issuing a Downtrend alert when the shares were trading at $73.10. Since that call, shares of iShares S&P SmallCap 600 Index Fund have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Over the past year, iShares S&P SmallCap 600 Index Fund has traded in a range of $55.01 to $77.84 and is now at $70.65, 28% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has remained constant. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]