IWM could be setting up for a H&S pattern. Too early to say yet but
the recent uptrend certainly accelerated and needs a consolidation, perhaps
to the proposed neckline of $99.25 ish. The Magenta line is a long term resistance line.
Look for a doji or shooting star there.
the recent uptrend certainly accelerated and needs a consolidation, perhaps
to the proposed neckline of $99.25 ish. The Magenta line is a long term resistance line.
Look for a doji or shooting star there.