$IWM - Recap of Last Week April 14-17

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Last week we had a shortened Trading week because of Good Friday.

We opened last week on Monday with a gap up right into the bear gap and got pushed out. From there we dropped down to the 35EMA and bounce there to just underneath that bear gap again.
Tuesday tried to get further into that gap and got pushed out again.
Wednesday and Thursday we regrouped and stayed close to the 35EMA which is still underneath the downward facing 30min 200.

So Last week can be summed up in small caps as we got pushed out of the interest rate gap from the week before and consolidated back to the 35EMA

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.