Ticker: IWM
IWM broke daily resistance of 161.93 during the trading day of Friday, 12/6/2019. However, it did not close above it which.
Clearly bears are trying to push the price down and we will see this Monday 12/9/2019 to see if we can break and close about 161.93.
If bulls do, expect bulls to keep going.
If we reject, it would be a double top and expect bears to pour it on.
IWM broke daily resistance of 161.93 during the trading day of Friday, 12/6/2019. However, it did not close above it which.
Clearly bears are trying to push the price down and we will see this Monday 12/9/2019 to see if we can break and close about 161.93.
If bulls do, expect bulls to keep going.
If we reject, it would be a double top and expect bears to pour it on.