IWM YR1

[jmbarnette]

Can anyone confirm that my calculation of IWM YR1 is correct at $89.87.thanks
matt

[Pascal]

Can anyone confirm that my calculation of IWM YR1 is correct at $89.87.thanks
matt

Yes, as you can see below.

Pascal

IWM Levels Price
YR3 103.89
SR3 99.64
QR3 96.79
YR2 95.43
SR2 93.30
WR3 91.05
QR2 91.02
DR3 90.40
YR1 89.87
WR2 89.84
DR2 89.83
DR1 89.52
WR1 89.20
MR3 88.96
DPP 88.95
SR1 88.81
DS1 88.64
DS2 88.07
WPP 87.99
DS3 87.76
QR1 87.67
WS1 87.35
MR2 86.87
WS2 86.14
MR1 85.59
WS3 85.50
MPP 83.50
50MA 83.22
SPP 82.47
MS1 82.22
QPP 81.90
YPP 81.41
200MA 80.94
MS2 80.13
MS3 78.85
QS1 78.55
SS1 77.98
YS1 75.85
QS2 72.78
SS2 71.64
QS3 69.43
YS2 67.39
SS3 67.15
YS3 61.83

[jmbarnette]

thanks Pascal, less then 1% away, would be reasonable to think this would be a logical area for at least a pause in the current rally.

[Pascal]

thanks Pascal, less then 1% away, would be reasonable to think this would be a logical area for at least a pause in the current rally.

Indeed, we have a strong cluster of resistance just above, but nothing really that freshly printed money cannot walk us through like in the past!

First Resistance Cluster: 89.52:90.4


Pascal