Get started
iShares Russell 2000 ETFiShares Russell 2000 ETFiShares Russell 2000 ETF

iShares Russell 2000 ETF

No trades
See on Supercharts
Overview Analysis News
Ideas
Discussions Technicals Seasonals Options

IWM trade ideas

20 year elliott wave analysis ($iwm)someone asked me this evening if i thought iwm was in a phase of distribution right now- so i decided to take a deep dive into the entire history of this chart, and here's what i've come up with. no, i do not think it is in a phase of distribution, instead it actually looks like a massive bull flag - in elliott wave theory terms, i'll call it a double or triple three - hard to say for now, since it is only halfway through this flat corrective phase. my low ball long term upside target for iwm is at $335, high ball would be $375 this is in confluence with my 12 year spy analysis, you can view it down below: ps. flat corrections can take a really long time to resolve, so i'd wait for a definitive break out, and a retest of the entire channel that it's in right now before attempting to play that upside swing.
AMEX:IWM
by notoriousbids
6
IWM WAVE 1 OF 5 ENED WAVE 2 ENDING SOON I had posted that the iwm was ending wave 5 or it will be wave 1 of 5 in supercycle blow off we will see soon as nysi had stopped at the 500 area and if this is wave 2 then ALL ASSETS WILL RALLY TO NEW HIGHS .After which another pullback for wave 4 then a final 5th of 5 to end super cycle wave III OR V MARCH 2020 LOW IS STILL BEING LABELLED WAVE IV .ONCE we end this next wave up I SEE A MAJOR CRASH AND DECLINING WORLDWIDE TILL OCT 2022 THE 10 AND 20 YEAR CYCLE LOWS .BEST OF TRADES. WAVETIMER
AMEX:IWMLong
by wavetimer
1
$IWM - countI believe IWM is looking for this wave iv bottom (or already found it). Don't like price action and weakness from Friday, this is the one signal that makes me think we could flush again early next week. IWM was weak - so was the other index movement just a pump?? We will see very soon... Either way bulls - green path Bears - pink path and we go lower to find that iv I STILL LIKE THIS TO GO MUCH HIGHER OVER NEXT FEW MONTHS BUT EXPECT SERIES OF 3'S AND 4'S === CHOP CITY. SWING TRADER DREAM IMO
AMEX:IWM
by btwice53190
2
Rolled (Margin): IWM December 17th 207 Short Put to 232... for a 2.52 credit. Comments: This is the short put aspect of a short strangle that I rolled up to reduce directional delta in the setup. The oppositional side -- the December 17th 242 short call, has a delta of around -52, so I rolled the short put up to the +25 delta strike to cut net delta of the short strangle in half or so. The original short strangle was filled for 3.09 (See Post Below), and I had a take profit target of 50% of that or 1.55. Since I've collected an additional 2.52 in credit with this roll, I'm revising the take profit to 1.55 + 2.52 or 4.07.
AMEX:IWM
by NaughtyPines
$IWM - Small Cap SeasonOn the last post I had a dip then rip scenario because I was looking for wave 2 to hit the 61.8 retracement, but obviously I was wrong and we had a shallow 2 followed by a shallow 2 and then BANG!!! We finally got our breakout we have been watching since Aug. Congrats longs!!! Bulls: All dips are a BUY! We are going to be seeing a nest of wave 3's and 4's here, so we are going to see some chop but IWM should get into 260+ likely by year end. Bears - I dont think you can squeeze much juice from this guy, better look elsewhere, I know of a few other indexes that are pretty extended, go look at those
AMEX:IWMLong
by btwice53190
iShares Russell 2000 ETF Taking off. IWMUpgoing zigzag with a Wave C is confirmed. This is fairly, given that we passed the most recent max on this one. Just a heads up - this is on a weekly chart, so don't expect any overnight miracles on this one. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
AMEX:IWMLong
by Rykin_Capital