By Licia Leslie
October 13, 2024
Hi Shoppers,
The iShares Russell 2000 ETF (Ticker: IWM) had a really nice bullish day on Friday:
It is primed to retest those most recent highs just under $225.
I like the Oct16 expiration calls:
The 222s will trade $2.00-$2.25 before you know it.
Use a close below $220 as your stop loss.
Trade Review
The iShares 20+ Treasury Bond ETF (Ticker: TLT) did not rally on Friday, but it is holding that $93.31 support level. I am still watching for it to trade over $94.25 before buying calls.
Thank You for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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