$IWM Analysis, Key Levels & Targets for Day Traders Feb 14
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IWM Analysis, Key Levels & Targets for Day Traders Feb 14
Alright. So futures are taking this right to the 50DMA at open which is facing down. Let’s see if we get smacked by it.
A good general rule of thumb is don’t go long at downward facing moving averages since it is a measure of momentum - let’s see how it goes. Top of the implied move on the day is 229, and the bottom is 223…
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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.