wavepoint99

IWM - Rising Trend Channel [MID-TERM]

AMEX:IWM   iShares Russell 2000 ETF
🔹Rising trend breaking downwards in medium long term.
🔹Between support 170 and resistance 199 in Rectangle Formation.
🔹Broken through support at 188, indicating a falling direction and predicting further decline.
🔹RSI curve indicates a potential early indication of a falling trend in the price.
🔹Technically NEGATIVE for the medium long term.

Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️

The most profitable U.S. Stock VIP Signals in Telegram Channel. #WavePoint 🌊

For more info:
Threads: threads.net/@wavepoint99
Telegram: t.me/Wel_99
TradingView: bit.ly/43y7zC6
Twitter: twitter.com/wavepoint99
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.