IWM INVERSE HEAD & SHOULDERS CONTINUATON

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Here is IWM bouncing off of the 5ema while also in the process of confirming an Daily inverse head and shoulders pattern. The inverse head and shoulders will be confirmed once price breaks 199.53 and this could give IWM a chance for continuation to $205+.
Nota
50ema*
Head and ShouldersIWMiwmcallsiwmforecastiwmlongiwm_spyMultiple Time Frame Analysis

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