IWM (Russell 2000 ETF) Update
Price rejected from the 226–227 zone (Fib 0.786) and failed to reclaim the breakout structure. Currently consolidating below resistance, which opens room for a possible leg lower.
🔹 Key resistance: 225.7 – 226.0
🔹 Target support: 219.0 zone
🔹 Bias: Short-term bearish unless buyers reclaim above 226
Watching if price accelerates into the 219 demand zone for a potential reaction. Risk management is key in this environment.
Price rejected from the 226–227 zone (Fib 0.786) and failed to reclaim the breakout structure. Currently consolidating below resistance, which opens room for a possible leg lower.
🔹 Key resistance: 225.7 – 226.0
🔹 Target support: 219.0 zone
🔹 Bias: Short-term bearish unless buyers reclaim above 226
Watching if price accelerates into the 219 demand zone for a potential reaction. Risk management is key in this environment.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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.