SPX & IWM: Price action shows signs of consolidation
@SmartReversals：
$.SPX(.SPX)$ : Price action shows signs of consolidation considering the candle that presents an intra day retrace from the highs. Since this is the second day in a row above the higher Bollinger band, and the oscillator entered in overbought zone, the prospects of a visit to the 20DMA are higher. The gap is in the 20DMA zone.Did you miss the rally today? No worries the rally was only +0.38%Image $iShares Russell 2000 ETF(IWM)$ - Also in the club of Bollinger rebelsAs presented before for $.SPX(.SPX)$ and $NASDAQ 100(NDX)$ , price action is above the higher band, and Small Caps have the biggest gap of all the indexes. Will
