$IWM made a run for the 50 Day Moving average

6 ก.พ.

IWM got fiesty today with a gap up and run to the 50DMA with a close just short of resistance. Fancy move IWM. We did close within the implied move here!!

7 ก.พ.

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no follow through on the attempt to break out above the 50 Day Moving Average. IWM got smacked at the same spot as the last break out attempt. The two levels are teaming up to be sell levels.