IWM Trade Idea

I showed in the last post how the IWM may try an EOD bounce...

 probable ramp attempt intraday only...

As long as price is coming to us and with charts like this 15 min leading negative, if I were interested in starting or adding to either an IWM put (IWM Jan $112 Put is an open position) or SRTY long (3x short IWM also an open position), I'd be looking for price above $113 or thereabouts, l;et it come to you, a stop can be placed above recent highs with very little risk.

This is the SRTY 15 min, it's about as positive as the IWM 15 min is negative and therefore good confirmation, this is one of the inverse ETFS I favor.