$IWM Analysis, Key Levels & Targets for Feb 21
The top of the implied move today looks intense.
Downward facing 50DMA, Downward facing 30min 200 (which is at least above the 50DMA which is an improvement momentum-wise. And the 1hr 200MA.
That Gap from yesterday runs through all of that.
That area looks pretty mean.
227/228 bear call spreads for sure if we pop up to there.
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🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
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I am not your financial advisor.
🔴My Chart Settings- youtu.be/WJhP0NhED0o
I am not your financial advisor.
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.