Given the current economic situtation, and having broken the last support, this ETF is expected to fall to around 168 USD (where pre-COVID resistance was). Since november 2020 it surepassed with great lenght this price level.
FIB 0.618 seems to act as the new support level for the last couple of weeks.
It's safe(ish?) to assume the downturn is limited to the levels we are in now.
IWM
FIB 0.618 seems to act as the new support level for the last couple of weeks.
It's safe(ish?) to assume the downturn is limited to the levels we are in now.
IWM
Germán F. Singer
Asesor Financiero
Mat. CNV 1668AP
Asesor Financiero
Mat. CNV 1668AP
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.
Germán F. Singer
Asesor Financiero
Mat. CNV 1668AP
Asesor Financiero
Mat. CNV 1668AP
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.