IWM - 3 critical contextual factors
$iShares Russell 2000 ETF(IWM)$ - 3 critical contextual factors:
A) the presence of a volume gap, which facilitates rapid price transitions between these levels, as recently evidenced;
B) price establishing support within a demand zone, implying that a sustainable bounce could gain momentum between volume shelves;
and C) the RSI reaching extreme oversold conditions, with a potential bullish divergence, signaling that price may encounter resistance before a durable bounce materializes.
$SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Cboe Volatility Index(VIX)$
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