RTY IWM RUSSEL 2000 short , early position

RUSSEL 2000 gettin overbought due to sector heavy rotation of last weeks. Possibility to open a entry position here and scale in if it breaks down below 1815$. Average down if market push up higher or use SP500 as reference for stop loss. Shorting is super tricky and it's impossible to time them perfectly. This is a counter-trend play, so very risky. Regression to 20ema should be achieved before another push up.
PT1:1815 (small pullback)
PT2:1753 (retracement)

Kommentera:

Handel aktiv:

target 1 reached.
Now bounce or crash.If bounce, crash will be posteponed and possibly more important.

Order avbruten:

Stonks only go up