forker
Short

RUT/IWM - Pullback to centerline and then...

AMEX:IWM   ISHARES RUSSELL 2000 ETF
...down again?
hmmm....

As we can see the lower centerline was allready reached.
If price can work it's way above the upsloping centerline, then we are going much high, potentially above the GAP.

But if price will be rejected at the centerline, then a new low or a second touch of the downsloping centerline is highly possible.


P!

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