Friday, May 10, 2013

Opening June IWM Puts, in the Money-Monthly Expiration

IWM intraday is seeing negative divergences so are the futures.

SRTY or TWM are 3 and 2 x leveraged short ETFs that are an equity way to play IWM short with some leverage. This is based on the bigger picture which is coming next in Leading Indicators.

I may even consider an IWM equity short or TZA long here for the longer trend

 Intraday IWM 1 min

Intraday 2 min leading negative

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