IWM 0.00%↑ back above the 200 day moving average for the first time since February. I noted the price action from 2022 to compare where momentum was when that head fake occurred. IWM 0.00%↑ is in a different spot this time around, from a momentum perspective, and there may be more runway from here. I’d like to see a push towards IWM 0.00%↑ $230 over the next few weeks, before reevaluating. I’ve nibbled on some UWM 0.00%↑ with a $2 stop out; in the event that momentum picks up into next week.