Rolling (IRA): IWM January 21st 200 Short Put to February 194... for a 1.18 credit. Comments: More IRA housekeeping. Here, rolling for duration for a realized gain and to the strike paying at least 1% of the strike price in credit. I've collected 2.35 (See Post Below) + 1.18 or 3.53 so far.Longby NaughtyPines2
The Russel 2000 Looks HorriblePlaying around with EWT and the Russel 2000 looks like it completed a wave 3 and has been distributing along with a bear trap breakout in early November when we got a high CPI print and the Fed said they will accelerate the taper. Macd cross as well... Shortby richardthick112
210/208 IWM Put Credit SpreadIWM is one of my favourites due to its range in the last year. I have played this range many times with credit spreads and Condors. Trade setup: Simple Put Credit Spread here opened for a 0.205 credit. Goal with these trades is to be a minimum of 10% RoM and no longer than 30 days. Entry Criteria: 1. Red day, for increased premiums 2. Trading within a range (clear) 3. Short put is far enough away (see multiple support points lower) 4. Credit received meets RoM (Return on Margin) criteria. Longby ThetaTrades0
IWM shrt update shrt 233.61Lets look daily stochs srating roll over again look vol more selling then buying Lets look see t cannot get above 100 200 day and hold staying shrt still small shres 210 took 3/4 off from 233.61 great shrt. lets look know weekly starting to roll up, so I took some off still shrt Shortby john12Updated 1
IWMThe iShares Russell 2000 ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities.by HotPotatoTrader0
IWM Range seems to be that IWM is stuck between the 38 and 50 wouldnt look for anything until one breaks i personally would like to see a move higher Not financial Advice Longby mbalboni100
IWM, Round #2, Fists Up!?Here comes IWM again, does it 'cojones' this week to run with the big boys or lag again back...? time will tell...by tsicoUpdated 0
NOBODY RINGS THE BELL AT THE TOP RING RING RING WAVE B TOP From an EW view and the fact we thrust up out of a 8 month triangle I had hoping for more upside .But I feel and looking at the fact the nyse is nearing its long term target fib projection for wave 5 THE IWM looks to be ending what could be wave C up to end wave B top into .50% retracement DO NOT BE LONG THIS INDEX Shortby wavetimer3
Closed: IWM January 28th 219C/231P Short Strangle... for a 16.48 debit. Comments: Total credits collected of 16.48 (See Post Below); scratching it out here for exactly that amount. It's possible that I could've still made money on this trade since price was in-between the strikes of my inverted setup, but my preference is to look to scratch these out if given the opportunity and then redeploy the buying power in something more productive from an implied volatility and probability of profit perspective rather than hang out in them attempting to make them winners.by NaughtyPines552
IWM decision making time the 38 area need to continue being a base for move up (cant sit here much longer) break 38 likely deeper pull back and more consolidation by mbalboni100
Can IWM continue with the upward momentum and fill the gapSPY has been quite strong the last couple of days but the same cannot be said about IWM. However, today IWM was able to follow SPY. Bounced off the 211-212.5 support and ran higher. It could next test the resistance at 220. The question is, can it fill the gap at 226-230? The answer is not so fast as there are two more resistance above 220 and near/below that gap. The first being 225 and the next being 227.5. Unlike SPY (which has already broken through the last resistance before ATH), IWM has a lot of work to do to even think of retesting the ATH (It is a long way for now). by alwaysinlearningmodeUpdated 660
IWM back testing false breakoutIWM back testing false breakout of trendline spanning 2 decadesShortby BuildABearWorkshop0
$spy $iwm Place your betsWE have a legit top in place and it rejected overhead resistance yesterday. Will it follow $spy or will spy follow it back down? Place your betsby shawnsyx681
Do you feel it?are we seeing a moment of cool down on IWM? if we are this is how i think this thesis could play out like my drawings but if you agree please drop a like! cheersLongby UnknownUnicorn301068190
IWM time to retrace before going upHello Hello people. Back with some conviction with this trade. Monthly fib in Red, Weekly in Blue and short term in Pink. Last time the ride was good upto 222 which I posted last week. Now it's look little overextended and that gives some shorting opportunity. A safe entry is below Blue fib line 222.40 and there are a lot of places to take profit as down as Blue 23% fib line 217. What's the stop loss probably 224.5 do your DD and good luck.Shortby letslearnUpdated 1
IWM: See You at Tha Crossroads IWM is at a crossroads. If buyers step in this week they must fill the gap at 228.53 (in blue). 226.67 will be hard, but if they successfully get through and a daily close above 228.53 a run to 240 is not out of the cards THIS WEEK. by AlphaTradersInc1
IWM short @ 233.61 updatewhile SPXL was dropping I was shorting IWM. I use SPXL for longs only why. Hard to short and what Goes first IWM, XLF . Look see daily red arrow I shorted IWM 233.61 still short look daily stock rolling me took some profits 233.61 to 212 still shrt Look weekly rolling up I am still shrt cause weekly has not broke up thro 30% on stoch and daily has 100 200 50 DAY MA BLOCK WALL only way get thru will be gap up but will it hold plenty cushion and have stops in place Notice how the daily stoch with weekly I did not miss the top nor the bottom Just playing stoch and know where supports are its not hard with wonderful gains its called consistently making money.Shortby john122
IWM, where are you going, will the SPY save you or yourself?tool tip: Green (open weeklies, from previous and/or past) Red (Monthlies... * etc) IWM looking weak, but it might have a chance soon to pop up. but will it save it self or will SPY come to the rescue?by tsicoUpdated 0
$IWM — Market Forecast 12/18/21We closed out the week with a green candle on higher volume, and while the Dow was dropping. We have the stochastic moving higher, called a hinge, and the CCI is pointing lower but we have a positive divergence because of the lower lows on price action. I believe we test the new resistances at the highs from previous sessions. If the small caps rally this week, it will bring the index right back up to the 20 period moving average, at which time it will act as resistance because of role reversal so we will have to see if we pull back from there but keep an eye on that open gap at 230. Watch out below if we break out below 210. by OptionsAddictsUpdated 1
IWM short term up and then go downJust to be consistent, when I publish my monthly fib retracement is in Red, weekly in Blue and short term in Pink. Perfect reversal from 23% monthly fib level and today it has touched 23% weekly fib level and now moving towards 38.2% weekly fib level. In my view if there is a correction before it goes higher from here then that should be helpful for an nice entry for 222.5 Longby letslearnUpdated 2
Russell, 22 Dec. End of a Gigantic RangeIWM has been in a range for 329 days. It has tested the lower boundary 7 times. Many analysts now believe that 2022 will see a rotation back into value and small-caps, after 2021 was the year of the big tech corporations. Elliott: The range makes it difficult to determine a clean count, however we can count 5 waves to the downside in the last swing from 8 Nov. This is important because any complex correction such as the WXYXZ would complete with a 5-wave move, before price departs to the upside. Oscillators: The MACD crossover is imminent and the MFI is pointing upwards after a bullish divergence. Geometry: Price has reversed on the 50% Fib of the current pitchfork with a typical reversal doji. The next resistance is the pitchfork median at 221, potentially the end of wave (i). How I trade it: If we assume that the range is a completed re-accumulation, we can begin to build back long exposure. In Wyckoff terms, we would now be looking for the LPS/SOS stages. If price gives us a wave (i)-(ii) structure (in blue), we will get a H&S pattern that provides a solid bullish setup (long above wave B of (ii)). Support on the pitchfork median and a break of the 20 week MA at 224 would then signal that our assumption is likely correct. A well-prepared entry is important because price can also exit the range to the downside. The bullish idea is invalidated if price moves out of the pitchfork altogether, which is below 202.Longby UnknownUnicorn122503172
IWM (Small caps) Closed right at resistance Here. IWM has been in a bear trend since early November. Any Green at the open here tomorrow will be a breakout , but we'll need to close above trendline for conformation. Any rejection and we head back to 213by ContraryTrader6
IWM .5% gap on 30m candles via Fixed Range Volume ProfileNot a big deal for investors, but traders should watch this gap where the rectangle is. In this instance it's a .5% gap on the IWM 30m bars showing where price may travel through with very little resistance. If you're a trader this is very important to know. Sometimes gaps are in plain sight such as this, but other times support and resistance zones can be "hidden" in the price action. This is where "Fixed Range Volume Profile" or VAP (Volume At Price) can really help you see through the data in a unique way surprisingly few people seem to use frequently. It doesn't always work well, just like any other indicator, but it's definitely worth having in your arsenal.by digital_precision0