IWM – Possible 5 to 8% downside
TNA should move down by 15 to 20% to $30-$32 region.
IWM makes big moves down when energy sector moves down. Dollar has corrected, but oil hasn’t. Look for IWM to make a big move down the day oil corrects.
TNA should move down by 15 to 20% to $30-$32 region.
IWM makes big moves down when energy sector moves down. Dollar has corrected, but oil hasn’t. Look for IWM to make a big move down the day oil corrects.