bearish wedge in IWM could lead to support test?
IWM cant seem to make it back to all time highs like the major indices. Potential bearish wedge formation set up. Usually there is an attempt higher that if fails causes dip to wedge support.
My best guess and view is that IWM tries to rise and fails and then dips to support.
Disclaimer: I know nothing and cannot predict the future, listening to me will lose you money.
My best guess and view is that IWM tries to rise and fails and then dips to support.
Disclaimer: I know nothing and cannot predict the future, listening to me will lose you money.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.