$IWM - WATCHLIST -
Added 2024-05-22 12:33:11 +0000 UTCChart is suggesting a melt up is possible here for small caps, as support was found on the 200 Day MA and has bounced strong since.
A new high would need to be achieved above $211 to trigger a bullish move higher but there is no denying that the $IWM looks a lot more attractive here now than entering the $SPY right now.
Wave 3 target remains at $245 with no changes
Comments
Already locked and loaded my position. Thank you for confirming my thoughts
Steven
2024-05-22 16:01:28 +0000 UTC
