Opening (IRA): IWM Feb/March 154/145 Short Put LadderComments: Squeezing in rungs where I can, targeting the <16 delta strike paying around 1% of the strike price in credit.
February 17th 154: 1.61 credit
March 17th 145: 1.45 credit
IWM trade ideas
IWM Rock and a hard place Closed up right at trendline resistance (Former support). Also closed right below Daily 21ema.
If we break over 175, My bullish targets is 200sma at 180..
A rejection at 174 and we retest 170, if 170 goes, we retest Oct lows
RUT equilibrium Rut looks nicely balanced
It has retraced time and price in a controlled and balanced manner and is now in a clear range
All moves look balanced over the last few years
There is no evidence of a bear market in small caps at present…
GRI 2023
IWM 30m Hagopian GapAMEX:IWM
Hagopian's Law: When price reverses before reaching the Median Line or MLH (parallel), or extension; you can expect that the reversal will be larger than the preceding move towards the Median Line.
AKA price will exit the fork.
Short IWM , target the trigger line.
Fat_Fat
IWM $164P 1/20/23We had a double top $189 and a hard rejection I noticed that greed was really heavy around that area. Then we broke and retested the $176 area. Seeing how we've got a ton of 200 MA's above us, I would enter here and if we come back to $176, average into the position. I've had numerous bearish signals over the last month and I'm pretty confident about this position. I set my TP at $164 because, last time we were at those levels we had a lot of fear in the market. Also on June 15th 2022 and October 12th 2020 we saw violent reactions to this level. I'd rather claim my gains than to fight support.
Follow me to keep up with my calls I'll try to make sure post at least once per week.
Leave a comment if you have a specific ticker you'd like me to analyze. AMEX:IWM
IWM/SHY Smalls Caps divided by short term bondsThis chart has timed the market rallies and resistances with impeccable accuracy since the top was put in November of 2021. It is foundational to my daily trend review process. The ratio has been on a weekly sell signal and trend without any technical reversals. Consider ratio charts as hard data and much more reliable than financial pundits who say the "bottom is in" every time we hit a new low then bounce for 2-3 months.
IWM LOTTO PLAY > Call Vertical Spread
Taking a small Long here with Vertical Spread , playing for this bounce FOMC Trade .
Opening (IRA): IWM February 17th 155 Short Put... for a 1.62 credit.
Comments: Squeezing in some rungs where I can, targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit.
IWM SHORTHello guys, I share my next trade idea, the price has made a double ceiling at the price of 188.00, at this moment it has broken the green trend line and has broken the base of the double ceiling, we will seek to enter short, looking for the projection according to the distance from the base to the tip of both roofs.
Russel 2000 Bear Market?It seems by all indications that we are heading into a bear market. With raising interest rates, tapering, and shrinking of balance sheets, we will see the Russel take at least a 20% tumble from the current price. The 100MA puts the Russel 2000 at around 1400, and further down on 200MA. A couple of key points:
Only 40% of Russel 2000 are above 50-Day MA.
Only 45% of Russel 2000 are above 50-Day MA.
MACD is crossed and looks bearish.
Fed slowing down its QE.
I was a bit curious why the Russel 2000 took a dip in 2018-2019 with the economy doing so well then. The one thing that I could overlay to make some sense to it was the Federal Funds Rate went up to 2.42%
Even mainstream investors like Jon Najarian has taken short positions in the IWM for February. The economics speak it, the Fed speaks it, the indicators speak it, and now even mainstream economists are accepting there is some market shaking coming.
Short IWM 199.21 into that 200 day MAlook daily stoch rolling over. Look how we hit 200 day and stopped and broke down thru 100 day BEARISH.
look vol selling not bad.
look weekly stoch start roll over in time almost their.
I believe this is the next leg down to test lows and break them.
Long term short.
look over all pattern still down.
these bear market rally can be brutal only to fake u out and reverse
many think bottoms in I don't think so charts so lower
Opening (IRA): IWM January 20th 160 Short Put... for a 1.67 credit.
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit. Not exactly "ideal" conditions of higher IV/weakness, but haven't got much left on ... .
Short IWM @ 200-day SMA Resistance IWM tracks a market-cap-weighted index of US small-cap stocks.
IWM stock price is 185.58 and iShares Russell 2000 ETF 200-day simple moving average is 185.44, trading below its 200-day SMA will create a Sell signal.
Why it is a good time to buy the indexes. Do you know there is. $14 Trillion USD macro short play on the global markets. Look, this is a two day old, list of global ETFs with their respective short percentages. Who does that? a massive raider, aided by policy makers. e.g. JB's oil policies.
The cat is out of the bag. Did you know the IWM was shorted to 42% that is amazing, a leather face more if you ask me, the italians call that a Faccia Tosta. An immutable mastardo, the atomic bomb, and then comes back to buy it all back. Ohh,,, I forgot, did you read, georgeos Soros-sky is one of the biggest buyers right now, he is buying Tesla, Google, Amazon and others.
anyhow. here is the list of shorts. The field is perfect for a massive short squeeze.
List of Shorted Country ETFs as of November 21, 2022
Financial Instrument Last Change Change % Short Interest Ratio Financial Instrument Last Change Change % Short Interest Ratio
1 EWW 52.9 -0.45 -0.008434864 38% TZA 31.98 1.05 0.033947624 5.40%
2 IWM 181.72 -2 -0.010886131 32% EWP 23.39 -0.02 -0.00085434 4.70%
3 FXI 25.62 -0.47 -0.018014565 28% COPX 32.77 -0.69 -0.020621638 4.60%
4 EWZ 29.34 -0.13 -0.004411266 23% ARGT 30.43 -0.6 -0.019336126 4.50%
5 EWT 47.83 -0.78 -0.016046081 22% FM 24.7 -0.14 -0.005636071 4.40%
6 EWY 56.33 -1.72 -0.02962963 20% AAXJ 62.58 -1.17 -0.018352941 4%
7 KSA 39.58 -1.04 -0.025603151 20% VNQ 85.26 -0.24 -0.002807018 3.90%
8 EWI 26.79 -0.49 -0.017961877 16% EWO 19.34 -0.19 -0.009728623 3.20%
9 EWG 24.6 -0.33 -0.013237064 15% EWQ 32.47 -0.38 -0.011567732 3.10%
10 SPY 393.3 -2.73 -0.006893417 15% EWJ 53.71 -0.53 -0.009771386 3.10%
11 QQQ 281.71 -3.11 -0.010919177 13% EWM 21.37 -0.28 -0.012933025 3%
12 EPOL 14.15 -0.31 -0.021438451 13% GXG 19.89 -0.14 -0.006989516 2.70%
13 EPOL 14.15 -0.31 -0.021438451 13% UAE 15.5 -0.1 -0.006410256 2.40%
14 SQQQ 47.33 1.5 0.032729653 12% EWS 18.72 -0.37 -0.019381875 2.40%
15 EGPT C18.26 9.40% NGE 7.53 -0.04 -0.005284016 2.10%
16 THD 70.21 -0.71 -0.01001128 9.10% GREK 25.37 -0.16 -0.006267137 1.90%
17 XLF 35.29 -0.08 -0.002261804 9.10% FAS 81.4 -0.54 -0.006590188 1.90%
18 TNA 36.47 -1.21 -0.032112527 9% EWD 32.25 -0.39 -0.011948529 1.30%
19 EWH 19.14 -0.31 -0.015938303 8.90% QAT 20.51 -0.35 -0.016778523 1.20%
20 EWK 16.96 -0.11 -0.006444054 8.50% EWN 37.38 -0.48 -0.012678288 1.10%
21 CN 27.23 -0.22 -0.008014572 7.90% EPU 28.53 -0.33 -0.011434511 1%
22 EZA 42.73 -0.72 -0.016570771 7.80% EWL 41.94 -0.16 -0.003800475 0.90%
23 TQQQ 21.13 -0.71 -0.032509158 7.70% AFK 16.73 -0.13 -0.007710558 0.90%
24 FAZ 17.9 0.1 0.005617978 7.50% ENZL 46.47 -0.12 -0.00257566 0.80%
25 EWA 22.35 -0.41 -0.01801406 7.30% VOO 361.47 -2.52 -0.006923267 0.60%
26 DIA 336.27 -1.1 -0.003260515 7.10% NORW 24.56 -0.51 -0.020343039 0.60%
27 EWC 33.93 -0.61 -0.017660683 6.40% IVV 394.99 -2.79 -0.007013927 0.50%
28 EPHE 25.21 -0.2 -0.007870917 5.60% EIS 60.49 -0.1 -0.001650437 0.50%
29 PGAL 9.84 -0.06 -0.006060606 0.20%
30 GXC 72.36 -1.38 -0.018714402 0.20%
31 AIA 54.47 -1.28 -0.022959641 0.10%
PRINTED TODAY 11.21.2022
This Excel has the latest short interest percentages for multiple global ETFs.
Small Caps Head & Shoulders IWM Russel 2000Clear head and shoulders forming on the daily chart. Tight price action below the 200 sma and above the 50 sma. Wait and see if it breaks through the 200 SMA and closes the monthly candle above the 200; I will allocate higher portion of my 401k to small caps. If it falls below the 50sma, wait to see what happens with pricing at the neckline. cash on the sideline with a limit buy after H&S plays out.
IWM: Multiple S/R Lines Converging AMEX:IWM
Price broke a year long down trend line in July and found support on the trend line in Sept. Price now flirting with a squeeze between the 200sma and a S/R range tested multiple times since 2021. RSI and MACD showing positive movement and run to the upside. If S/R is broken next price range test 195/200.
$IWM Bearish Trading IdeaWe utilized the YS Trading Checklist to determine how we expect this trade to go.
1. News
2. Candle
3. Volume
4. CCI
5. Stochastics
6. Gaps
From the technicals, we determined that $IWM is poised to retrace back to support in the short term. Hence the trade I like is the $186 / $182 Put Debit Spread expiring 9 DEC 2022.
Rolling (IRA): IWM Nov 18th 173 Short Put to Dec 16th 164... for a .13 credit.
Comments: The last of my IWM rungs ... . Taking an opportunity to strike improve this while it's still out-of-the-money. Total credits collected of 3.82 (See Post Below) plus the .13 here for a total of 3.95.
IWM Dragon on the dailyAMEX:IWM
getting back into the swing of things when i see this nice set up here on IWM
Opening (IRA): IWM December 23rd 156 Short Put... for a 1.67 credit.
Comments: Targeting the <16 strike in the expiry nearest 45 days paying around 1% of the strike price in credit.
This is more about not letting my IWM position get too short delta than about putting on an "ideal" premium selling trade. I still have an IWM short delta hedge on that is marking at around -60 delta (See Post Below) and had only one IWM short put rung on at the December 16th 164 (+23 delta at the moment), so the position was leaning more net delta short than I would like. This long delta additive trade will make my IWM position "net delta flatter."
Study of Swing Trade Entries using Stochastic, RSI and MA'sPlease read notes on chart first.
Yellow arrow and triangle breakout are points (time and place) at which you might buy calls for a swing trade. If your trade is based on 30m timeframe, you can still use 5m to fine tune your entry. Key is that you identify targets and stops based on your 30m chart.
Study white arrow on today's 5m chart for today's swing trade entry. For example, 11/11 181 call ~1.75 near when price was ~178.70, and now is over 3.00. (Price moved well today and this could be a day trade as well.)
UPDATE_IWM Harmonic Elliott Wave AnalysisOverview: let's review the key points of the pervious updates I have on IWM so far:
August 20th: Wave (X) top is in.
September 5th: We are in wave c of 3 of A of (Z) of 2.
September 27th: Wave III of A of (Z) of 2 is near completion.
Update: IWM has been following our expectations perfectly the whole time. Now, I see that we have peaked for wave B of (Z) of 2 and right now, we are in wave (b) of I of C of (Z) of 2.
