AMEX:IWM   iShares Russell 2000 ETF


IWM

Looks like a short here at the top of the trend resistance level.

Comment:
It's attempting to break above the channel on the daily. But I just don't see how it does. But market is always irrational, so could happen I guess. I still have puts, averaging down as we speak.
Trade active:
Opened a hedge/call position for a flip while it crawls up to the $158 level. I'm bearish for next week's fed decision, and October but short term looks like it wants to go up as long as TLT is showing outflow of bonds currently.

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