IWM - Daily
Small caps may not take much of a pause until IWM reaches high 130s (100% extension of 1-2). I think that'll be the target area for wave (iii) of cir-iii. Resistance has become support in this presumed 3rd wave off the Feb lows. Shorts keep piling in, fueling the rally it seems.
I have an earlier idea posted for IWM but my "link to related ideas" menu isn't functioning this morning...
I have an earlier idea posted for IWM but my "link to related ideas" menu isn't functioning this morning...
Note
Link function started working. Should see some of my prior ideas linked now...
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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.