IWM Bear flag
Pull back starting here for mid and small caps.. There seems to be a lot of profit taking going on for The infrastructure plays (Metals,Evs,Clean energy).
We broke out of a year long consolidation at 233.95, but the trendline that we rode to ATH has been broken. I think this bear flag will bring us down to retest this breakout.
Also alot of these Small caps are tanking on earnings
We broke out of a year long consolidation at 233.95, but the trendline that we rode to ATH has been broken. I think this bear flag will bring us down to retest this breakout.
Also alot of these Small caps are tanking on earnings
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