1. $iShares Russell 2000 ETF(IWM)$ -4.2% Already From the High of the Shooting Star, and the oscillator says there is still distance before reaching oversold levels.
The 20DMA has been lost, what is the next stop?
A) The 50DMA? [$229]
B) The Gap? [$224.3]
C) Point of Control of the Volume shelf? [$221]
They told me December was going to be bullish, also they told me September was going to be bearish, and July and April bullish. What happened?
2. $Invesco QQQ(QQQ)$ - Inside Candle at the 5DMA
Losing $525 tomorrow (5DMA) would provide acceleration to a market pullback that so far has been shallow because tech came to the rescue.
The Volume profile provides a relevant support in the gap area. Will it be filled soon?
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