tna buy the dip

interesting night in futures. dropped down 1% but reversed back up to even by the open. then the market opened and almost did the same.

https://www.tradingview.com/x/gbe4VCRg/ iwm 15 min. so far a descent sell on 3/30. gameplan was to buy at iwm $123 on the gap fill and 20ma. set a limit order for there for 1/3 tna. it triggered and reversed. got right back to trendline. needs to break above potential wedge. not super bullish yet but i got a great price so stop below LOD to sell 1/3 tna. total 2/3 tna right now. tempted to buy the final 1/3 on strength but will probably hold off for now.

https://www.tradingview.com/x/KdzH2XE5/ SPY 15 min. a better look at potential double bottom.

new game bought 1/3 twtr,1/3 erx, 1/3bib. didnt get great prices at the open but going to try and hold for the qtr.

IWM and FED

https://www.tradingview.com/x/hnHVqhHj/ IWM 15 min. right back to all time highs and went over by 1 cent today. FED news tomorrow expected to say that rates might start to rise  this summer. general consensus says that if rates rise then market will be weak. if rate rise still on hold then market higher but who knows…

still 2/3 in TNA for now. sell some on a break bellow uptrend line but hope for a break out.

IWM sideways

https://www.tradingview.com/x/2X5nRzv8/ IWM hourly. tough market. gap up then fail the last 2 days. very indecisive like nov-dec.

https://www.tradingview.com/x/IUGjZ9KM/ IWM daily. mas still pointing up except for 10ma

possibly forming the true diamond top? gotta wait till a breakout.

IWM gameplan 2015

https://www.tradingview.com/x/5J39oy7T/ IWM daily. 50ma held today. bought 50% TNA at lows. IWM went sideways for 2014, broke out of jun-oct downtrend, made a new alltime high then recent breakout on low volume has failed and closed the gap up from dec18. hoping for reversal soon but if not then it could retest the $114.50 zone.

https://www.tradingview.com/x/HFhBT0jW/ IWM Weekly. overall view is still bullish and hoping that 2014 was just a consolidation move after a huge run-up. maybe like 2004 and several other little ones along the way? descending broadening still in play with $132 target above and $90s below. would like to see it hold here and break out soon…

IWM short squeeze

https://www.tradingview.com/x/NJumf4P6/ IWM daily. massive day today to engulf over a month of trading with volume. still in the same place just barely above sept peak.

https://www.tradingview.com/x/Dn5KqfV8/ IWM 30 min. glad i didnt sell my TNA yesterday. i figured the lower TL was gonna get hit but $116 would be a magnet to pull it back, but i didnt see it going all the way back up to the top. h&s is sorta possible but really sloppy. diamond is still ok but loose boundaries. while i am still bullish i dont trust this thing and will wait for a breakout.

sold into rally 14% TNA remain

IWM retesting the lows? crude failing

https://www.tradingview.com/x/KhCBno9g/ IWM hourly. nasty day but half expected thats why the sell of half yesterday. tried to get too cute today and paid the price. coulda been worse though. everyone talking about h&s in iwm. im still not sold. next couple days should be interesting.

https://www.tradingview.com/x/hwFmlrxL/ crude oil daily. this is why gas is cheaper. but also taking down a lot of energy stocks.

IWM diamond top? H&S?

https://www.tradingview.com/x/v9mw29BN/ IWM daily. 10ma and 20ma got real flat. possible diamond top? maybe lighten up tomorrow and wait for a breakout. still bullish till it gets below that july TL.

https://www.tradingview.com/x/btnrsdXn/ IWM hourly. gap from the other day was filled again. hopefully this can break out of the potential diamond top/H&S.

https://www.tradingview.com/x/CDe7SCSm/ IWM hourly (candle v SPY (line) from the V bottom. pretty even is short term bullish.

https://www.tradingview.com/x/ac9eINZt/ IWM v spy daily big divergence still. looks bearish medium term but could just be digesting.

IWM leading up

https://www.tradingview.com/x/ijuxkPsJ/ IWM daily. led the charge back up today. almost made it to the gap up level from friday. $118+ is still the resistance zone. if it can get above then target is $121ish. 20ma still strong after retest of 200ma at $114

https://www.tradingview.com/x/BOe2Tnuy/ IWM hourly. support at $115

iwm gap fill city.

https://www.tradingview.com/x/KbkpJMWl/ IWM 15 minute. gap fills. been going sideway with gap ups being filled down and gap downs being filled up. today gap up was huge to almost the recent high, only to be sold off.  i imagine a lot of shorts covered and buyers sucked in at the open. tough one. found support after closing the gap.

https://www.tradingview.com/x/Fg2CKMpz/ iwm daily. todays action seems bearish but lots of support below still (ellipse). already got the retest of $114 so hope to break out higher. or at least melt up…

https://www.tradingview.com/x/8U1u64pX/ SPY daily. gap up to the ellipse target zone and sold off too.