$IWM - A green Friday is likely
@SmartReversals：
$iShares Russell 2000 ETF(IWM)$ - Weekly (Preliminary) The volume shelf has been providing support during 4 weeks in a row, and the fast oscillator is oversold. The price bounced as expected on Monday but quickly reversed. The $222 level must be reclaimed tomorrow; otherwise, the probability of a move towards $216 increases. Wed printed a hollow hammer candle on the daily, which is usually pretty bullish when printed at the lows, on the volume shelf, etc. A green Friday is likely, let's see. Image
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