Hi Shoppers,

Yesterday the iShares Russell 2000 Index (Ticker: IWM) closed below a major support level:

And here is the chart on Direxion Small Cap Bull 3x (Ticker: TNA):

TNA provides a way to play IWM moves with less money.

It looks to me like TNA could trade down to the next support level at $24.50.

Here are next week’s puts in TNA:

Be sure to watch for TNA to open and trade lower tomorrow before hopping into the at-the-money puts.

Be careful out there!

Thanks for Reading … See You Next Tuesday,

Licia Leslie