Tuesday, May 7, 2013

IWM also-SRTY Trade

The IWM is going negative too with migration as well...
 IWM 1 min negative

IWM 2 min migration now negative, this now connects the intraday 1 and 2 min charts to the negative 3, 5 and 10 min.

 SRTY which is a 3X leveraged BEAR IWM ETF (buy long for IWM 3x short exposure) has been in line all day and is now positive, in line doesn't bother me as it's not distribution.

The longer 5 min chart in connected as it is leading positive.

So if you want an equity play rather than options, SRTY gives you 3x leverage and IWM short exposure.

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