$IWM - a look at MA's and V Shelf
IWM is sitting on top of the 8/21 emas, 50 sma, and POC. If the market bottom is in this thing could have rocket boosters engaged before we know it. (notice %R divergence as well)
The bigger the base - the stronger the launch. Whether this breaks up or down, it is going to be a very violent move. Hopefully we are on the right side of it!
The bigger the base - the stronger the launch. Whether this breaks up or down, it is going to be a very violent move. Hopefully we are on the right side of it!
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.