IWM Signals It’s Swing Trade Time

Spoiler alert: the Russell 2000 is setting up for a 1% move - but in which direction?

   

I’ve been waiting for the  iShares Russell 2000 Index Fund (NYSE:IWM) to signal to me that it’s time to load up on more bearish swing trades by doing a back test, and my patience has paid off.

In this video, I review the latest movement in the S&P 500 futures, as well as the SPDR S&P 500 ETF (NYSE:SPY) and the PowerShares QQQ Trust (NASDAQ:QQQ) to show you where the Russell 2000 is headed next.

John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the Open, Parabolic Options and Trending123.  For more information on which service is for you click here.


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