November 22, 2012

IWM Resistance levels

 
 
  • Daily charts shows IWM near resistance levels.
  • Price near 20 and 200 Day SMA. Just above 200 SMA there is a falling resistance line.
  • Weekly chart shows price getting support at 38.2% Fib level and moving towards 23.6% Fib level. 50 Week SMA too may act as resistance.

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