Thursday, June 20, 2013

Adding to IWM July $98 Calls

 IWM 2 min chart, there are other timeframes positive and there's solid migration from 1-5 min through all timeframes.

"If" I had the time, I'd probably wait and see if I could enter on a break of intraday support, especially if volume spiked up intraday showing stops were hit, other than that, I think for my purposes this is close enough, just that would be a more ideal entry price and timing signal.

IWM 5 min never confirmed the downside move which it could have done easily by now, so there's strength in the IWM beyond what has developed today.

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