BreezeTrades808

IWM: 170-172 Soft?

BreezeTrades808 업데이트됨   
AMEX:IWM   iShares Russell 2000 ETF
Short idea.

Since the beginning of 2023, IWM has put in a lower low on the daily indicating that support at 170-172 is soft, and the trend of higher lows established by the Oct swing low seems to be broken. Tough April so far -- currently trading below the 20D / 50D / 200D.

The distribution that price is trading in right now is support, but I think 170-172 gets softer with every test.

Short targets: 175 / 176

Profit targets: 172 / 170 / 168 / 163

Trade invalidated > 178
액티브 트레이드:
IWM230512P169 @2.85 around 7AM PDT today
거래청산: 스탑 닿음:
Stopped at 2.3 -- may look to reenter when price closer to 176

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