Epic Bounce Ahead! Why $IWM, $RTY, and $TLT Are Set to SoarIn this video, I will explain to you why I believe we are about to have an EPIC bounce in the AMEX:IWM CAPITALCOM:RTY NASDAQ:TLT
I've put out write ups on this topic but I wanted to get all my thoughts in one cohesive video analysis to give you the visuals you deserve for my BOUNCE prediction.
🔜🎯$259
⏳Before March2025
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Iwmanalysis
Russell 2000 ETF (IWM) ~ December 4H SwingAMEX:IWM chart analysis/mapping.
IWM ETF rally off late October lows on market expectations of the end to Fed rate hikes.
Trading scenarios:
Continuation rally #1 = multiple gap fill / 38.2% Fib / upper range of parallel channel (green) confluence zone.
Shallow pullback #1 = 23.6% Fib / horizontal line (light blue dashed) confluence zone.
Deeper pullback #1 = lower range of parallel channel (green) / 200MA confluence zone.
Capitulation #1 = re-test ~163 bottom.