Price sits only 0.68% above the rising 200-SMA, which has acted as the structural line of defense, while the 50-SMA at 291.38 now defines overhead supply roughly 4.4% away. RSI at 38.48 reflects washed-out but not oversold conditions, and MACD at -3.47 has crossed above its signal (-3.60), signaling early momentum stabilization. The bullish MACD cross coinciding with a test of the 200-SMA is the specific trigger behind the 72.9 inflection score, though failure to reclaim the 50-SMA keeps the tape in a corrective posture.
Sunday Playbook — Top 5 Setups
The day's five highest-conviction setups, ranked by technical inflection, profit-probability, and trade quality — 5 long, 0 short. Trade your plan and manage risk first. Also screened: $PG, $AMZN, $SPY, $COHR, $CAT, $KO.
5 of 5 plays
IWM is pinned just above its 200-SMA (277.06) at 278.94 after a pullback from the 50-SMA (291.38), creating a textbook long-side inflection where the primary trend line must hold or fail.
EntryScale zone 277.50-279.50 on confirmation (hold of 200-SMA with intraday reclaim of 280); add-on trigger on reclaim of 283.00 reclaiming the mid-range.
Targets286.00 — mid-range gap fill and prior pivot → 291.38 — mean reversion to the 50-SMA
StopDaily close below 274.50 (roughly 1% under the 200-SMA) invalidates the long thesis, signaling the 200-day has flipped from support to resistance and opens trend-break risk.
Educational only. Not financial advice.