IWM is on top of its trading range Short

iShares Russell 2000 ETFArca

Description

⋅ Jun 8, 2021 4:47 PM

I went short in this, it broke its first (strong) resistance.

Will add more on second resistance and cut my loss if it breaks second resistance

Comment

⋅ Jun 18, 2021 2:28 PM

I am all out now, nice gains

Comment

⋅ Jun 21, 2021 9:40 PM

I am shorting it again here at $226.88

Trade closed manually

⋅ Jul 8, 2021 4:26 PM

Closed my puts here at $222

Comments

lkdahleh

⋅ Jun 9, 2021 1:17 AM

Good observation. I’m also short around 233 near the close today as it’s very overbought on almost all times frames. Looking for a re-test of 227-229 before continuing higher. Good luck!

tendency

⋅ Jun 22, 2021 7:33 PM

that's gonzo, son. you're gonna lose that short.

tendency

⋅ Jun 16, 2021 2:17 PM

You're shorting a flat/bull pennant you realize. Probability, to my eye, favors more upside.