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iShares Russell 2000 ETF

$IWM Analysis, Key Levels & Targets for Feb 20

47


30min 200MA right in the middle and flat.
35EMA underneath it with the 50 day moving average.

I always say, don’t go long at a downward facing 50DMA and we’ve been seeing that as resistance and also a loss in strength. Red signal line being tested here as well.

Pretty big trading ranges today, definitely got an expansion from options for some reason.

Let’s have some fun, y’all…
SPYder_QQQueen_Trading
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Also on:
Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
SPYder_QQQueen_Trading
🚨Subscribe here if you want these charts in advanced on YouTube - it’s free, youtube.com/@spyderqueentrading
🔴My Chart Settings- youtu.be/WJhP0NhED0o

I am not your financial advisor.
Also on:

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.