here’s my IWM daily chart. IMO, the IWM/$RUT is a very good short right here at this key resistance level (with the appropriate stops above). charts do allow for a little more upside as the top of that resistance band is around the 77.20 area. i’ll probably allow on daily close above that level and stop out towards the end of the 2nd day if it looks like we are going to close above it again. as always, DYODD and trade according to your own risk tolerance, objectives and trading style.
