$iShares Russell 2000 ETF(IWM)$ - 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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