- IWM Daily chart shows a triangle pattern. Price near the apex of the pattern may soon give bigger direction out of this consolidation.
- Price for now is below 200 Day SMA
- Weekly chart shows price managing to close above 50 Week SMA. Bears need a weekly close below 50 Week sma. Bulls need to move back above 200 Day SMA to avoid bigger correction.
- FACEBOOK WEEKEND UPDATE
May 18, 2014
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