iShares Russell 2000 ETF
Short
Aggiornato

Swing puts near 200 - One year range adds weight to selling

114
If markets broadly sell off again, IWM can fill the gap down in the yellow band. In general, the longer price stays rangebound, the greater the move when that range breaks.
Nota
Price at 202 is a good put entry, even better at daily 20sma closer to 203. Set stops and exit if price goes over 204. Price could rise with markets up to 210.
Nota
Price failed at 209-210 resistance and even more importantly, it closed below 202 for the week. Keep an eye of this for a swing trade down to the 200sma and maybe into the gap.

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