IWM made a nice pennant consolidating between the 50dma and 200dma. Measured move brings us to a nice gap fill. Forgot to post this last week but looks like good additional confirmation with the last 2 days on consolidation closing over the 200dma.
Looks like it is not confirming the pattern, what do you think? Will it takes longer or sink? Nice chart
Yogigolf
⋅
@Missraccoon, still looking fine to me. First bit of consolidation over the 200dma taking a little longer but consistently closing above. Might just take longer to play out.