Trade Idea: URTY (long)

Again, this is the short duration trading portfolio, I'm going to open a half size position long URTY (3x long Russell 2000). If the base widens out more, I'll add to it. After this has run its course, it should set up a nice IWM short or SRTY long for a longer duration position.

Here are the charts that attracted me to the asset.

 URTY 1 min, note the flat range and positive divegrence.

The same with the 3 min

And the 5 min is leading positive.

As mentioned before, most of these are going to be in the 1-5 min range and will likely take a few more hours to fully set up.

These are the P/L's for the positions closed out this morning in the Trading Portfolio.