Although I'm not crazy about the IWM 2 and 3 min charts, I like the 1 min, I like the R2K Futures and I like the current upside momentum.
I'm going to open another partial position in addition to the existing IWM May 24 $97 put.
Like the earlier QQQ Put, this will be about half the size of my normal position size until I see signals line up the way I'd like, right now I'm going for the momentum and what I see short term and in Leading Indicators.
I'll go for May 17/18th expiration and a strike of $97
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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