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iShares Russell 2000 ETF
Long

IWM INVERSE HEAD & SHOULDERS CONTINUATON

By CJITM
Updated
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+.
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50ema*
Head and ShouldersIWMiwmcallsiwmforecastiwmlongiwm_spyMultiple Time Frame Analysis

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