The Long Investor
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$IWM
🕑 Added 2025-02-21 17:42:33 +0000 UTCI have a habit of uploading the $IWM every Friday evening because it is not in our Top 20 or Top 10 list but many people are still interested to see how the small caps are behaving.
We can see that the 50 Day MA has been the resistance issue here since the start of the year.
We also have a retest of the 0.618 Fib level today at $220.
Price can still test the 200 Day MA at $218 and bounce, for me, I believe the $IWM still has Wave 5 to complete and believe a hold between $218 - $220 offers an opportunity to add to catch the final leg up to $265.
Comments
Millie Leung
Thanks Cap! Great to know, been considering adding IWM
Muhammad
Yes, definitely interested in IWM so thanks for updating.
Steven
Very important one. Thank you!
DiegoTheSabre17
Thanks Cap - this helps a lot.
