It Looks Like We Closed IWM Calls Right on Time

Yesterday's closure of IWM calls at a small loss rather than a large one looks to have been nearly perfectly timed, Closing July 17th IWM $125 Calls.

This is what the Russell 200 futures look like intraday.

 Tf 1 min intraday with a deep leading negative divergence, I don't think we would have had a much better exit.

Perhaps more interestingly...

The IWM 3C charts are seeing a very sharp increase in 3C negative signals as you see today, thus holding beyond yesterday I don't think would have been a good idea.

However more importantly at the moment, there appear to be several positions that are opening up and starting to look ripe as I do believe we are in the reversal process now and on such a parabolic move, it may not be as rounded as usual as parabolic moves tend to fail in like manner to which they started, extreme.

Ideas coming...