$IWM
Added 2024-07-17 12:19:16 +0000 UTCNow that is a very pretty looking chart.
$IWM is a perfect example of listening to the chart and taking each chart on its own merit.
$IWM Small Caps have been nowhere near their ATH's like the $QQQ and $SPY and has lagged for all of 2023 and 2024 up until this month but the chart showed an impulse wave and a move up as shown.
This is what happened and there's not a single change to this chart either.
Once the price held in the ascending triangle and on the blue line, it made an attempt to break out $210 and burst through the resistance.
If you have not bought here already, you should wait for a retest of the breakout level instead of chasing here I believe.
