-IWM has a clear rising wedge pattern and a retest to the wedge suggesting a reversal pattern.
-Also, today an institutional trader keeps buying IWM Puts expiring on Jan29th 2021 for the strike price of $170 and $160.
-According to data from the trade alert system here are some of the put transactions.
>>10000 IWM Jan21 29th 170 Puts $1.40 (FT Theo=1.38) ...
