Long IWM on breakout of ascending triangle
IWM has bullish consolidation at the ATHs where it's been for some time, allowing the daily 200ma to catch up. It's had a number of attempts that have broken down but continues to make higher lows. Looking for a break over this area and current ATH to confirm breakout.
SPY Options Traders - spyoptionstraders.com
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.