Broadening wedge here, long term bullish, short term bearish..
I think IWM is headed to 165 fibonacci support or Sept lows.
Has a split channel with support on the white trendline, I think It tags it in the next couple of days (170-171).
If it breaks below 170 we're headed to 165..
Today IWM closed above its 20sma but got rejected by its 50sma.
Use those MA as your entries.
Below 20sma - Short to white trendline
Above 50sma and that's a breakout.. target 177,180
I think IWM is headed to 165 fibonacci support or Sept lows.
Has a split channel with support on the white trendline, I think It tags it in the next couple of days (170-171).
If it breaks below 170 we're headed to 165..
Today IWM closed above its 20sma but got rejected by its 50sma.
Use those MA as your entries.
Below 20sma - Short to white trendline
Above 50sma and that's a breakout.. target 177,180
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.