Upcoming IWM Convergence On The 1 Hour ChartMajor resistance.
Upcoming significant Convergence
• Retracement at Fibonacci .618
• 200sma
• Trendline
• Ascending bearish wedge
• Stochs rolling over
Russell
Russell love fresh SQUEEZED...bulls? The Russell still has some ways to go until hitting her breakdown levels. It's lagging the $ES an $NQ. We will watch the 1152.00 area to see if price can hold. If we see price trade below this area then a squeeze could be in play. Be patient and wait for a trigger.
