IWM Daily analysis for the past 3 years

This IWM daily charts shows IWM has reached this bottom level 4 times in recent months (since January 2022). The last time IWM at this level was in December 2020. This bottom range between 188-193.

If IWM respects this support (STRONG SUPPORT), it will start to bounce. I would watch levels (200,211,225.. for the upsides)

Please note: This is an opinion, not an investment advice.