$IWM - WATCHLIST -
Added 2024-02-15 19:42:27 +0000 UTCThere is no denying that $IWM looks good here.
Strong bounce on the 0.38 Fib at $188 and is above the 50 and 200 Day MA now....it needs a break above the previous high now at $205.50 and we could see $IWM having its moment to shine.
It has been greatly lagging behind the $SPY and $QQQ and with both of those markets deep into Wave 5....this may offer a lot of value for the next few months.
We are watching this closely.
Comments
Which IWM holdings do you feel are best positioned to enter soon?
Ed Goldberg
2024-02-15 20:08:36 +0000 UTC
