$IWM Analysis, Key Levels & Targets for Day Traders Feb 11 25

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IWM Analysis, Key Levels & Targets for Day Traders Feb 11 25

Looks like we’re getting rejected away from the 50DMA again here, we had the 35EMA cross under the 30min 200MA, under the 50DMA and all of that together is a very bearish signal here. 1hr 200MA is facing up though and could offer a place to technical bounce on the day.

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This was a solid setup here. 1hr 200MA along the bottom of the implied move held us up for the day!! Great job is you had spreads here to the downside or condors from the day before