It’s impossible to accurately correlate the price targets on IWM to TNA due to the decay suffered from the 3x leverage on TNA. What I mean is that the horizontal support levels on my daily charts of both do not align because of the price decay on TNA. Best to just keep an eye on IWM or set a price alert at the IWM target(s) that you want to sell at, if the trade pans out & then close out the TNA trade.

Most brokers will allow you to set a conditional order to sell XYZ when ABC hits a price of $XX.XX so you should have that option as well. If you call your broker, they should be willing to walk you through that order entry process. Best of luck on the trade!

Nice spot, I just fixed that typo. I’ve been running a 100 miles a minute today & made several typos in my haste to get today’s posts out asap with the fast-moving market. Thanks for pointing that out.

Odds of being stopped out on a washout move are decent but the R/R more than makes up for that IMO. If they run the stop, I’ll be on watch for the next objective entry. Best of luck on that trade!