$IWM - WATCHLIST -
Added 2024-10-11 16:02:53 +0000 UTCContinues to hold on the outside of the wedge and above the 50 Day MA, making this a hold on the confluence level
Impulse Wave is still valid for Wave 3 and we can see that Small Caps are still lagging the wider market and the $QQQ
We are bordering on pushing towards the melt up scenario in the market but this is before the earning season gets into full swing next week, so there is still some variables at play right now
That being said, a 10% gain here to Wave 3 looks a strong possibility this year.
