📊 
IWM – Small Caps at Bounce Zone
Chart Context:
IWM pulled back into Fib 0.382–0.5 zone (~239–240).
Price found support exactly at 239.4 pivot → matching MA bounce on daily.
Intraday structure = higher lows forming → possible reversal leg.
🔑 Key Levels
Support: 239.4 (pivot) → 237.6 (strong demand).
Upside Targets:
242.9 (Fib 1.0)
244.9 (1.382)
247.3 (Fib 2.0 extension)
Invalidation: Break below 237.6 negates bullish setup → back toward 234–232.
📈 Trade Bias
Bias: BTFD / Bounce Play while above 239 support.
Scalp Targets → 242–244.
Swing Target → 247–248 if momentum extends.
Risk Management: Tight stops below 237.6.
🧩 Takeaway
IWM showing resilience at Fib support. If small caps confirm this bounce, it could spark a broader risk-on move across equities. Watch 239 → 247 range closely.
#IWM #Russell2000 #SPY #Trading #VolanX
IWM – Small Caps at Bounce ZoneChart Context:
IWM pulled back into Fib 0.382–0.5 zone (~239–240).Price found support exactly at 239.4 pivot → matching MA bounce on daily.
Intraday structure = higher lows forming → possible reversal leg.
🔑 Key Levels
Support: 239.4 (pivot) → 237.6 (strong demand).
Upside Targets:
242.9 (Fib 1.0)
244.9 (1.382)
247.3 (Fib 2.0 extension)
Invalidation: Break below 237.6 negates bullish setup → back toward 234–232.
📈 Trade Bias
Bias: BTFD / Bounce Play while above 239 support.
Scalp Targets → 242–244.
Swing Target → 247–248 if momentum extends.
Risk Management: Tight stops below 237.6.
🧩 Takeaway
IWM showing resilience at Fib support. If small caps confirm this bounce, it could spark a broader risk-on move across equities. Watch 239 → 247 range closely.#IWM #Russell2000 #SPY #Trading #VolanX
WaverVanir ⚡ To grow and conquer
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Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
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.
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 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.