Time for smallcaps?After a long period of $QQQ outperformance, this is the time when I would look for smallcaps ($IWM Russell 2000 etf is a good proxy) to take the lead.by traderflex110
Opening (IRA): IWM January 21st 188 Short Put... for a 3.20 credit. Comments: Selling 16 delta premium in the broad market exchange-traded fund with the highest 30-day, which is IWM, at 41.5%. I wanted to use the January 14th expiry (42 days until expiry), but the lowest strike available there was the 193, so went out to the monthly instead.by NaughtyPines3
Rolled: IWM January 7th 234 Short Call to 222... for a 3.43 credit. Comments: You know the drill: rolled down for a realized gain on the call side and to cut directionality. I've collected a total of 13.86 for what is now a 10-wide inversion 222C/232P, so the most I can hope to make out of this is 13.86 -10.00 or 3.86. Current break evens: 218.16 on the put side, 235.86 on the call.by NaughtyPines3
Rolled: IWM December 31st 250 Short Call to 230... for a 1.76 credit. Comments: Rolling down for a realized gain on the call side and to cut net directional delta, with the resulting short strangle being the December 31st 213/230. Total credits collected of 4.98.by NaughtyPines3
Rolled: IWM December 23rd 234 Short Call to 224... for a 2.09 credit. Comments: Rolling the short call down for a realized gain and to cut net directional delta. Total of 8.10 in credits collected, with the roll resulting in a 222.5/224 short strangle. Even with today's move and the roll down of the short call, the setup remains net delta long (around 14.33) with break evens at 214.40 and 232.10.by NaughtyPines2
#IWM Russel 2000 has found support at the old channel resistanceNice bounce off the breakout level for small cap stocks in the us. This should bode well for further upsideLongby MarcoOlevanoUpdated 112
Historical Behavior post-recessionsThe Russell 2000, as well as the S&P500 tend to have a similar behavior coming out of market bottoms. In this case, we analyze the potential move with past historical data. The first year is usually a strong one, the second one there is consolidation and accumulation, the third there is a strong rally that loses steam near September. Using market bottoms from: 1974 1982 2003 2009 Longby dorfmanmasterUpdated 2
IWM support is now resistance .. Short Should cover on those calls here.. I think today was just a technical bounce. were directly underneath our 100and 200sma, unless that November job report blows away we are headed lowerShortby ContraryTrader101012
Gold vs US Equities - Long TermFew understand the diminishing returns of artificially created markets. This chart shows why the 60/40 or 70/30 should be replaced with something more contemporary. 50/20/20/10 portfolio Equities/gold/bitcoinÐ/cash. In a world where more manipulation will create more volatility. People need the option to buy dips, sell rips, and realize the CBs have no way out of the debt trap.Longby rwoods1870
$IWM Breakout.When Indicies/Market ETF's breakout, that is when things get hot. Major indices like $SPY and $QQQ are at ATH's and pushing every few weeks while $IWM had been a big laggard. However, $IWM had broken out and it looks like it is trying to pull back for a retest before heading higher. I am bullish on $IWM as this has consolidated for many weeks and it's time for this to get the next leg higher. Watch for a retest of previous resistance. This might not happen and we could just head straight up or gradually move higher over the course of a few weeks to months.Longby skfeUpdated 3
IWM$IWM bulls are exhausted. 50% retracement is due but I do not anticipate that retracement until 2022. Short-term is bearish with a PT of $216 to close November out.by GoodTrades_Only0
IWM will at least fill this GAPMaybe one more touch on the 200EMA/2200 psych horizontal level to get it goingLongby nadavcool5430
About That Small Cap "Breakout"Similar to #ES_F, IWM had signs of a false breakout while everyone was clamoring for a Santa rally. Though we did breakout after an accumulation period, one that lasted almost the entirety of 2021, we had trend line resistance from the 2020 lows directly overhead. If we lose the 2021 accumulation zone, selling could accelerate with velocity. by CoteInvestmentsUpdated 222
Short IWM - The "Midterm" variant is upon us.Alarming levels on the Cashflow and CICO (Cash in/cash out) indicators (Free open source indicators on Tradingview.com). Similar levels to the first Covid levels. Shield yourself with long Puts. Also, turn off CNN, MSDNC, Fox, ABC, CBS, NBC, CNBC; they are shit. That is all, good day!Shortby Johnny_Nickles4
Rolling: IWM December 23rd 246 Short Call to 234... for a 1.77 credit. Comments: Rolling down the short call aspect of my December 23rd short strangle to cut net delta/directionality. Collected a total of 6.01 in credits so far. (See Post Below). The resulting position is still net delta long, just not as long as it was.by NaughtyPines1
Rolling: IWM December 17th 242/232 Short Strangle to January 7th... 232/234 Short Strangle for a 4.82 credit. Comments: With 21 days to go, rolling this out to cut directionality. I've collected a total of 10.43 in credits so far (See Posts Below). Position remains net delta long.by NaughtyPines1
$IWM - still liking a rally out of this zoneNot changing anything here. This has gone deeper then I have liked but I am sticking with the fact that I thinking a banger rally is coming out of value here. Long here with invalidation just below. Trim some profits at the downtrend / flag resistance. DOW and Russ will lead next leg upLongby btwice53190112
that's what SL is for.recently russel broke the ceiling that was holding it for almost a year. now it would be interesting entering a long during the retest. placing the SL just bellow last low made the 27th of october. not because it's a safe trade but becasuse of the RR involved, since that the range has been broken, this leaves us with a proyection to the up side equivalent to the range it selve, wich is also the 1.6fib proyection of the recent impulse after the lst corrective phase. currently the price is sitting on the 50% retracement of the move done until now. on daily there are clear signs of a correction in act, volume is not as high as during the ceiling break and tho it made almost the sale movement. on 4htf stochastic is starting to cross to the upside, i find stochastic the best indicator to trade russel's mid high tf, since it's a "range indicator", and in a range is where rus has been for almost a year. on the 1H ft, there are divergences on stoch and rsi. this doesn't mean that the divergence can't follow forming. in the end, it's a nice RR trade of 4:1, in'm already booked in at the 50%fib, and if goes to 38% i will think about adding contracts, using the same sl. take in count that trading is not about having a 80% hit rate, that's impossible, and if some one says he does...well he was probably long during 2020/21. i mean, it doesn't surprise me that people will have had great RR these 2 years, but that shouldn't be taken as reference. the normal hit rate should be around 50% and risk managing like if your life depended on it makes your account grow steadily and constantly. use the power of a steady compound growth rather than a yolo and use SL, que pa' eso estàn Ramon Longby warrenbuffettdemicasa332
Rolled: IWM December 23rd 258 Short Call* to 246... for an .82 credit. Comments: Rolled the short call aspect of my December 23rd short strangle to cut net delta in half. I originally opened this for 3.42 (See Post below) with a take profit target at 1.71, so am revising my take profit to 1.71 plus the credit received for the roll of .82 or 2.53. The net delta of this short strangle (short put + short call) still leans long. * -- Shown here at the 250 strike in order to fit it on the chart without squeezing.by NaughtyPines0
IWM short @ 233.61.Daily turning up can bounce back some off 50 day ma. Will add when it breaks. Look daily lower highs lower lows. VOL more selling then buying Weekly heading down but has not broke 68% Shortby john12222
$IWM - Moon mission coming up?IWM is almost at my invalidation - still flagging - reversal candle and bullish divergence on %R.. I grabbed longs here today for 12/17, heavy too, but hedged. Thinking we see moon mission next couple days. Will be quick about profits if we get the reversal. Below this invalidation we could be in a 1-2 1-2 nest - meaning still launch likely soon - but could take longer and I will need to cut baitLongby btwice53190114
TOP ALT WAVE COUNT 249 ON DEC15 IWM THERE are 3 wave counts within the IWM VERY BULLISH WE ENDED WAVE 2 ALT is we ended a wave 4 within a diagonal and the 5th wave would end at 249 plus or minus 1.5 pts being a .618 of wave one up from march 2020 low and is wave 1 and 5 being within the 5th this is an area to which I WILL SELL OUT MY NEW 100 % LONG I WILL NOW PLACE A STOP AT 227 CLOSE ONLY . NEXT YEAR THE IWM WILL DECLINE OVER 16% MINLongby wavetimer0
$IWM - bounce of trendline IWM kissed this trendline around $231 almost perfectly and it was very quick. Will need further follow through but hopefully this bounce begins the follow through for the small cap rally. This last week or so was a bad beat down of companies in that category. One final knock down before the run? GLLby UnknownUnicorn16739272110