$IWM Analysis, Key Levels & Targets for Day Traders for Feb 10

10 feb

IWM Analysis, Key Levels & Targets for Day Traders for Feb 10 2025

This is a bearish game board here.

We are under the 50DMA, we are under the 30min 200MA, and the 35EMA has gone bearish here. We have a red signal line.
Expected move 222-229

Interesting. 🤔

11 feb

Trade attivo

We did get the follow through here with the bearish signal. You can see we had resistance at the 30min 200MA.

12 feb

Trade chiuso: obiettivo raggiunto

So rejected at the 30min 200MA, then gapped down to the 1hr 200 which still has some upward momentum.

35EMA is underneath the 30min 200 which is a bearish signal until that crosses back up.