$IWM
Added 2024-09-25 19:19:35 +0000 UTC$IWM is pulling back for a retest on the outside of the triangle, breakout level is exactly at the 50 Day MA now too at $215, so this is a confluence level.
A hold at this level and this is in a good position to move higher to complete Wave 3 at $245.
Breaking down into the triangle and we can see that the bottom trend line is aligning with the 200 Day MA, so this is where you want to see support then.
Otherwise, no changes to the chart.
Comments
Do we think that we have hit support or is 215 still what you are waiting for?
David Martin
2024-09-27 19:49:12 +0000 UTCThank you
Steven
2024-09-25 19:24:51 +0000 UTCThanks, was waiting on this updated chart.
Ragin_Savant
2024-09-25 19:22:44 +0000 UTC
