250 Call Huge Interest The emergence of naked calls within 20 delta is often a plan to reverse the asset near the call's breakeven area. However, we are not inclined to exaggerate the importance of this option position despite its Very significant size. The reason is that we have not seen a reversal of the upward movement yet .
A good leading indicator is comparing the Russel 2000 against the S&P 500. For the last 6 years, every time the market bottoms its been with small cap stocks outperforming the general market. And RUSSELL:RUT has been outperforming the SP:SPX since January Just another thing to keep an eye on.
There are no certainties in the stock market. These names have shown good relative strength . This is an ETF based weekly charts that is designed to make money. This system is perfect for the person who works full time and still wants to follow trend and outperform the market.
IWM is sitting at the confluence of a 6-month support trend line and a 16-month support trend line. Daily RSI is at its lowest level since March 24, just one day after the stock market bottomed following the corona virus crash. Primed for a bounce.
Critical level for "buying the dip" strats $IWN, $SPY, $NDX
RUT was the last major index to have the golden cross. Will small cap value ETF (IWN) or small cap growth ETF (SLYG) finally catch up?
If the Russell 2000 Value index closed the year today 7/10/20, the index would print the worst annual performance relative to the Russell 2000 Growth Index in over 20 years.
Value is outperforming as of late - but which major index / cap size should hold the most weight? I'd argue the Russell 2000 Small Caps.
Skilled traders watch all the charts to assist them in identifying characteristics that can assist them in understanding price moves, key support/resistance levels, and price patterns. This IWM chart should be on everyone’s radar at the moment. Where the IWM finds support, so will the other US stock market indexes. The IWM setup indicates we may only see a 5~7%...
The Russell 2000 ETF continues to deliver critical technical and longer-term price patterns for skilled technicians. Combining the IWM chart with the Transportation Index, Oil, Gold, and others provide a very clear picture of what to expect in the immediate future. Recently, we posted a research article about the Head-n-Shoulders pattern setting up in the $INDU....