$IWM Trading Range for Today, August 7th 2024

IWM Trading Range for Today, August 7th 2024
Today’s implied move is between 200 and 209, and tomorrow it’s 198-210

A lot of really important levels to know if today’s trading range. We have the 1D 200MA, the 35EMA on the weekly timeframe, the 4hr 200MA and the 50Day MA all running through today’s range.

We also have a bear gap at the top of the implied move on the da, up near the 50DMA

Hopefully you’ve been following along on the videos and you know exactly what these levels are. I just didn’t have time to make a video for today but hopefully this is enough.

GL y’all.