$IWM
Added 2025-01-03 17:24:01 +0000 UTCSmall Caps are finding their feet here on the 0.5 Fib where we had the Wave 4 level waiting.
This is also above the 200 Day MA too and we can see that the price action has been holding above the 0.5 Fib since the middle of December now.
Remember, $IWM has not been moving with the market for the last 2 years in the same count.
I believe Wave 5 has not started yet and I have it completing above $260, with a low risk move back up to the blue line at $245 once the 0.5 Fib is held above $218.
Comments
Thank you
Steven
2025-01-05 19:39:39 +0000 UTC
