No break out today Mr Russel
IWM got rejected out of a resitance zone that is form by:
Last downswing 26.04 - 18.05 - Fib inverse 1.113 extention
Wave 3 - 1.272 Fib extention
Wave 4 - 1.618 Fib inverse extention
I wish the premium would be higher, with a VIX that low selling premium is just not worth it. So lets look at some put spreads
Last downswing 26.04 - 18.05 - Fib inverse 1.113 extention
Wave 3 - 1.272 Fib extention
Wave 4 - 1.618 Fib inverse extention
I wish the premium would be higher, with a VIX that low selling premium is just not worth it. So lets look at some put spreads
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.