Good day folks,
The market went very close of a selloff last Thursday. However, it reversed on the Fed news. TLT and XAUUSD are cooling down; if the selling continues or accelerates, this could provide some fuel to the indexes. I think IWM could reach 146 and close the month around 140. So, this could also offer an opportunity to short.
I do not have a position open yet, but the best-case scenario would be an entry around 135. We gonna see what Monday has for us.
Have a nice weekend,