IWM - SmallCaps looks good, better than other indexes-To The Moon - Tiger Brokers Online Investing Community

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IWM - SmallCaps looks good, better than other indexes

$iShares Russell 2000 ETF(IWM)$ - SmallCaps looks good, better than other indexes.

✅100 and 125 DMA offer strong support.

✅Bullish MACD Crossover.

✅Higher lows during the last two weeks.

Totally consistent with the weekend newsletter:

"IWM is not expected to break below $188, that is a confluence zone of an annual S/R level, 40 Weekly Average, and the lower Bollinger Band. For the near term, the weekly 20 MA, today at $199.3, may bring near term turbulence unless it is jumped quickly."

Next mission: consolidate $200 as soon as possible.

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https://twitter.com/SmartReversals/status/1786154746467729516

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BorisBack
·05-07
It's important for IWM to consolidate above $200 for sustained momentum.
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ZebulonToynbee
·05-07
Great to see it aligning with the weekend newsletter too!
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For the near term, the weekly 20 MA, today at $199.3, may bring near term turbulence unless it is jumped quickly.\"Next mission: consolidate $200 as soon as possible.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e2f2d525d5a61592a1a44187c280448d\" tg-width=\"900\" tg-height=\"707\">Imagehttps://twitter.com/SmartReversals/status/1786154746467729516</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"IWM\" class=\"teditor-mention\" data-mention-name=\"iShares Russell 2000 ETF\" href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> - SmallCaps looks good, better than other indexes.✅100 and 125 DMA offer strong support.✅Bullish MACD Crossover.✅Higher lows during the last two weeks.Totally consistent with the weekend newsletter: \"IWM is not expected to break below $188, that is a confluence zone of an annual S/R level, 40 Weekly Average, and the lower Bollinger Band. For the near term, the weekly 20 MA, today at $199.3, may bring near term turbulence unless it is jumped quickly.\"Next mission: consolidate $200 as soon as possible.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/e2f2d525d5a61592a1a44187c280448d\" tg-width=\"900\" tg-height=\"707\">Imagehttps://twitter.com/SmartReversals/status/1786154746467729516</body></html>","text":"$iShares Russell 2000 ETF(IWM)$ - SmallCaps looks good, better than other indexes. ✅100 and 125 DMA offer strong support. ✅Bullish MACD Crossover. ✅Higher lows during the last two weeks. Totally consistent with the weekend newsletter: \"IWM is not expected to break below $188, that is a confluence zone of an annual S/R level, 40 Weekly Average, and the lower Bollinger Band. For the near term, the weekly 20 MA, today at $199.3, may bring near term turbulence unless it is jumped quickly.\" Next mission: consolidate $200 as soon as possible. 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