$IWM Analysis, Key Levels & Targets for Day Traders for Feb 7 20
IWM Analysis, Key Levels & Targets for Day Traders for Feb 7 2025Another attempt to get above the 50 Day moving average here.
The 50 day moving average is pointing down so I wouldn’t go long here until it is turned… more likely to trade flat along it for the moment.
Just above use we have 230 where we have been seeing resistance.
Quite a large trading range today - 1.62% not sure if we will use it all with this momentum but lets see..
232 is the top of the implied move
225 on the downside
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🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
🔴My Chart Settings- youtu.be/WJhP0NhED0o
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.