IWM is very close to multiple potential resistance lines. (rectangle) I would not be surprised to see a reversal soon, like with the SPY. Looking for price signal of a reversal such as bearish candle pattern or a price drop below a up trendline break. Note: long and shorter term drop in volume. There is a potential bearish divergence in the daily RSI. IFFF my count is correct (there are often wrong even with so called experts) wave 3 of C could be fast and furious.
Process your way. Best to you.
Process your way. Best to you.
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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.