Lester_Davids

Pairs Trade Idea: Long Small Caps-Short Nasdaq 100 (IWM/QQQ)

IWM/QQQ  
IWM/QQQ  
Looking at the relative ratio chart of IWM / QQQ , we note the price trading at the lower boundary of the linear regression channel, having recently completed it's bear flag formation. As a pair one could consider a long IWM ETF /short QQQ ETF , at current levels or better.

Current ratio: 0.60
Preferred buying range: 0.57-0.60
Stop: 0.54
Target Range: 0.65-0.67

Comments

why?
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