IWM Long Term Perspective
已更新
IWM saw a very strong bounce with triple positive divergence.
After a very unhealthy rally in the last couple of weeks, we have seen IWM struggle to go green on the daily.
With the RSI extended like this we could tap the trend line one last time before the Fed pivots and we rally into 2024. Then Crash.
IWM is a great representative of the true economy rather then the mega caps who blur everything.
There was a very large triangle pattern that was broken on the down side, which I can definitely see moving further.
If the GREEN support line is broken, I will close out my trades.
After a very unhealthy rally in the last couple of weeks, we have seen IWM struggle to go green on the daily.
With the RSI extended like this we could tap the trend line one last time before the Fed pivots and we rally into 2024. Then Crash.
IWM is a great representative of the true economy rather then the mega caps who blur everything.
There was a very large triangle pattern that was broken on the down side, which I can definitely see moving further.
If the GREEN support line is broken, I will close out my trades.
交易進行
If I abided by my own rules, I would have lost out on so many gains.....Watch for the pull back and rocket!
交易結束：目標達成
;)交易進行
waiting to buy in the 180-185 range.交易進行
Were going to drop.註釋
If IWM stays strong after tech corrects, market breathe would still be bullish long term.
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