$IWM
Added 2024-09-13 17:19:28 +0000 UTCSmall Caps have also formed a wedge like $QQQ and $NVDA
We can see that the bottom trend line of the wedge aligns with the 200 Day MA too, this confluence level could protect the Bulls if there is another pull back
If there is a breakout of this wedge at $217, then I expect the previous high to be tested next at $228 and Wave 3 would become a high probability next by the end of the year.
Comments
Thank you
Steven
2024-09-13 17:25:19 +0000 UTC
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