A quality short opportunity has formed in Russell 2000 ETF IWM. The gist of the trade is to be short versus the yellow shaded area. The most notable target area is 113.
Full Disclosure: I am short IWM via levered ETF TZA.
Trade 'em well!
October 29, 2015
Another Post Fed Rug Pull
Small caps have lagged the rally over the past couple of weeks. After the Fed announcement yesterday, it appeared they were finally set to breakout. However, today brought no follow through.
A quality short opportunity has formed in Russell 2000 ETF IWM. The gist of the trade is to be short versus the yellow shaded area. The most notable target area is 113.
Full Disclosure: I am short IWM via levered ETF TZA.
Trade 'em well!
A quality short opportunity has formed in Russell 2000 ETF IWM. The gist of the trade is to be short versus the yellow shaded area. The most notable target area is 113.
Full Disclosure: I am short IWM via levered ETF TZA.
Trade 'em well!
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