This $IWM daily chart has a lot of lines making kind of tougher to read >> I wanted to show the key 🔑 resistance levels above and how $IWM has been breaking the downtrend >> Almost has the Handle & Cup 🥤 type pattern with a 190-192.5 neck line >> That 190-192.5 is going to be the big level to break & turn into support >> more upside potential above than level >> Pretty easy setup with the 100 day simple moving average at 185.74 just below >> Can only head higher above the 100 SMA >> The Stop Loss level for the bulls 🐂 & below the 100 SMA is where the bears 🐻 attack >> Last week was the biggest percentage gain for the $SPY $DIA $QQQ $IWM in over a year > The indexes are struggling to push higher as they try to confirm support and the market makers burn 🔥 put premium >> I've been seeing 👀 a lot of similar handle then cup type patterns >> $SPY $TNA $TZA