The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index. IWM Options are a favorite of many daytrades and medium term traders, especially when earnings season begins. IWM Options have weekly expirations and trade in strike price increments of $0.50. The Russell 2000 is an indicie that tends to move prior to the larger indices and can predicate a move in the markets.
2016 – 2018 Ranges: (93.64 – 138.82) (132.40 – 155.41) (125.81 – 173.39)
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Weekly Chart
Daily Chart
5 Day Chart
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Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 176.56 | |
| 52-Week High | 170.56 | |
| 14 Day RSI at 70% | 158.91 | |
| 13-Week High | 153.39 | |
| 1-Month High | 150.20 | |
| Last | 147.36 | Last |
| 145.25 | 38.2% Retracement From 4 Week High | |
| 144.80 | 14 Day RSI at 50% | |
| 143.72 | 50% Retracement From 4 Week High/Low | |
| 142.19 | 38.2% Retracement From 4 Week Low | |
| 141.96 | 38.2% Retracement From 52 Week High | |
| 139.56 | 38.2% Retracement From 13 Week High | |
| 1-Month Low | 137.24 | |
| 135.29 | 50% Retracement From 13 Week High/Low | |
| 133.12 | 50% Retracement From 52 Week High/Low | |
| 131.01 | 38.2% Retracement From 13 Week Low | |
| 14 Day RSI at 30% | 127.26 | |
| 124.29 | 38.2% Retracement From 52 Week Low | |
| 13-Week Low | 117.18 | |
| 14 Day RSI at 20% | 105.35 | |
| 52-Week Low | 95.69 |
