however the real clue was the strong MACD
Pos Divergence on the 30 and 15 min time frames.
Pro tip: When a stock enters a supply or
demand zone for the first time you almost always get a
reversal at least for a trade (first test of demand gets
bought, first test of supply gets sold). You look for a
reversal, you may not get a trigger from a daily time frame so
always zoom down to lower time frames like 60 min, 30 min etc to
look for patterns or divergences that confirm a reversal is likely
to occur
Easy bounce play for IWM
Posted by matt on 2nd of Sep 2026 at 03:29 pm
IWM - Daily Candlesticks, 900 - Chart Linkfinally bounced from Demand
however the real clue was the strong MACD Pos Divergence on the 30 and 15 min time frames.
Pro tip: When a stock enters a supply or demand zone for the first time you almost always get a reversal at least for a trade (first test of demand gets bought, first test of supply gets sold). You look for a reversal, you may not get a trigger from a daily time frame so always zoom down to lower time frames like 60 min, 30 min etc to look for patterns or divergences that confirm a reversal is likely to occur
IWM 15 Minute - Chart Link
IWM 30 - Chart Link