$IWM Analysis, Key Levels & Targets for Feb 21

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The top of the implied move today looks intense.
Downward facing 50DMA, Downward facing 30min 200 (which is at least above the 50DMA which is an improvement momentum-wise. And the 1hr 200MA.

That Gap from yesterday runs through all of that.

That area looks pretty mean.

227/228 bear call spreads for sure if we pop up to there.

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