Textbook Descending Broadening Wedge
You can't find a cleaner descending broadening wedge pattern than this! The same top trendline resistance has been broken on all other major indices, but the IWM has looked the cleanest.
I have some long positions for $237 by March 31, but we could see this go up to $250 pretty soon.
But also be careful, it might want to come back down to test the ATH as support.
This is not financial advice. Understand your own risks.
I have some long positions for $237 by March 31, but we could see this go up to $250 pretty soon.
But also be careful, it might want to come back down to test the ATH as support.
This is not financial advice. Understand your own risks.
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