IWM seeing re-accumulation to complete the larger pattern targeting 115.12. I loaded June 17 $112C's at the 108.99 level aka 61.8, but we could see a little more weakness to 108.19. (Doubt it, but possible)
I see a 3 drives pattern with STO coiling and bullish divergences. I expect a massive short squeeze into OPEX with the amount of short interest and those shorting the expected FOMC pop.
In June 17 $112C's @1.21
My bullish outlook is only until primary objectives met, then will discuss downside targets.
I see a 3 drives pattern with STO coiling and bullish divergences. I expect a massive short squeeze into OPEX with the amount of short interest and those shorting the expected FOMC pop.
In June 17 $112C's @1.21
My bullish outlook is only until primary objectives met, then will discuss downside targets.