IWM - Slight pullback
Updated
IWM has been pretty strong lately.
Bearish Divergence on the MACD with a doji on Friday (5/18/18).
Looks like it'll pullback to 160.00 for support.
Bearish Divergence on the MACD with a doji on Friday (5/18/18).
Looks like it'll pullback to 160.00 for support.
Note
Pullback has begun, still looking for confirmation of the 160.00 supportTrade closed: target reached
tapped the support today. IWM remains strong even though the DOW and S&P were hit hard. Have to see how the rest of the week plays out.
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