$IWM Analysis, Key Levels and Targets Review of Oct 9th

Look at this beautiful chart. Have you seen anything more technically perfect than this. I discussed so much of this price action in the videos lately, definitely on the weekend video, namely that once the 30min 35EMA crosses underneath the 30min 200MA that it should act as resistance and look at that… that’s exactly what it did.

We popped up, filled that down gap from Monday, tapped the 30min 200MA and got rejected there. The 35EMA just didn’t support moving above that level today. We also saw the 1hr 200MA as a support. Know where your levels are.

Im in the middle of Hurricane Milton in Sarasota right now so I hopefully will have power enough to get tomorrow’s range out for CPI but if not then you know why… LOL… Don’t worry y’all I’m in a very safe place. So even if I lose power I’m still safe.