IWM Short Setup:

1/25: Heavy distribution in the futures overnight followed by IWM breaking its lows from Friday suggests this ETF is looking to retrace back towards the lows. I’m not looking to get heavily short here. Instead I will look to use it as a hedge against our two existing long positions so that we can remain nimble in this market and move according to the direction that the market wants to take us.

sz-iwm trade setup

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