$IWM Analysis, Key Levels & Targets for Feb 20

30min 200MA right in the middle and flat.
35EMA underneath it with the 50 day moving average.

I always say, don’t go long at a downward facing 50DMA and we’ve been seeing that as resistance and also a loss in strength. Red signal line being tested here as well.

Pretty big trading ranges today, definitely got an expansion from options for some reason.

Let’s have some fun, y’all…