IWM/RTY for the Week of 3/31/24

Are Your Stonks about to Moon or Head to the Gulag?

All eyes will likely be on $IWM RTY this week and should be. Last week’s high sits right at a critical decision point for the index. I’ve therefore decided to dedicate a full post to it with some more granular high time frame levels and trade ideas as the next move from here could be quite large and meaningful for the broader markets. I have been posting some high levels looks on it with the last couple of free Markets Outlook posts and it has progressed nicely up the levels we’ve been watching.

Even if you’re not trading the index directly, it will be important to monitor if you own individual stocks within it. The next couple of weeks will almost represent a make-or-break decision on those holdings. Hold for a huge move higher or get out fast.

To learn more about how I trade, see the post “What is Trading Doggy Style” Here

Reminder: I’ve included a free trial offer for 7 days. See HERE. It will not include trial access to discord as it is an administrative nightmare. Be sure to request your discord access if you continue beyond the trial period.

If you have holdings in $IWM it might be a good week to take advantage of the trial.