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Is ITW primed for downward momentum? Death Cross shows up after slipping 1.38%
ITW posted a 1.38% loss on Tuesday, June 23rd, accompanied by 1.6× normal trading volume. Death Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 260.31, 258.96 & 256.66, with resistance at 263.95, 266.25 & 267.6.
Current SwingTradeBot Technical Rating of ITW: C
Just a sneak peek — check SwingTradeBot.com for the full story on ITW.
Read full article here »