VIX Service 1-2 Setup


We have a setup in place for long IWM with stops under the 207.96 low. This setup initially targets over the 3/15 high at 235.47 but has the potential to turn into something more with the potential to see an ultimate move towards the 240-250 zone. In either case the R:R is good using the 207.96 low as a stop.

IWM 30m
IWM 30m
Michael Golembesky is a senior analyst at ElliottWaveTrader covering US Indices, the US Dollar, and the VIX. He contributes frequently to Avi's Market Alerts service at EWT while also hosting his own VIX Trading service.


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