Ticker: IWM
IWM broke daily resistance of 161.93 during the trading day of Friday, 12/6/2019. However, it did not close above it which.
Clearly bears are trying to push the price down and we will see this Monday 12/9/2019 to see if we can break and close about 161.93.
If bulls do, expect bulls to keep going.
If we reject, it would be a double top and expect bears to pour it on.
IWM broke daily resistance of 161.93 during the trading day of Friday, 12/6/2019. However, it did not close above it which.
Clearly bears are trying to push the price down and we will see this Monday 12/9/2019 to see if we can break and close about 161.93.
If bulls do, expect bulls to keep going.
If we reject, it would be a double top and expect bears to pour it on.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.