Much of this year I've had an interest in W4500's 1015 level. With the continued weakness in the small caps, we're visiting this level once again and this time it might be in conjunction with the 1-year trendline. For the upside (at a minimum) I'd like to see 1030 revisited.
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With the hourly chart, we can see that in the short-term (just below 1015 & the 1-yr trendline) we've formed a small V-Bottom. I'd like to see a break above those key levels followed by testing those levels as of support.
Best of trades...Jason
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With the hourly chart, we can see that in the short-term (just below 1015 & the 1-yr trendline) we've formed a small V-Bottom. I'd like to see a break above those key levels followed by testing those levels as of support.
Best of trades...Jason
