IJR (S&P Small-Cap 600) is putting on a masterclass in "Support Turned Resistance Turned Support." After a long consolidation, we’ve cleared the key horizontal level at $124.13.Notice the "Change of Polarity"—that previous peak from late 2024 is now acting as a floor. With the price riding above the 20-week moving average and the bands widening, the path of least resistance looks higher. 🚀
Trade active
Going good, reached 138. Next target 150. Trade closed: target reached
Target already archieved.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.