all IWM did was close at the trendline resistance yesterday and
logically pull back from it. Other than that I don't see anything
standing out. Pulling back off that trendline retest was
logical, the 'bulls' would want to see IWM form a higher low now
and stay above the 50 and 20 MA's that are all bunched up
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Nice percentage down on IWM
Posted by lamb on 3rd of Jun 2021 at 10:21 am
Nice percentage down on IWM ,usually shows true direction of market.
all IWM did was close
Posted by matt on 3rd of Jun 2021 at 10:26 am
all IWM did was close at the trendline resistance yesterday and logically pull back from it. Other than that I don't see anything standing out. Pulling back off that trendline retest was logical, the 'bulls' would want to see IWM form a higher low now and stay above the 50 and 20 MA's that are all bunched up