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 $1.00. The Russell 2000 is an index that tends to move prior to the larger indices and can predicate a move in the markets.
2020 Range: (95.69 – 201.91)
2020 Close: 196.06
Get this week and next week’s IWM Options Trade Forecast view by clicking here
Weekly Chart
Daily Chart
5 Day Chart
Get the IWM Monthly and LEAP Options Trade Forecast view by clicking here
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 227.56 | |
| 13-Week High | 215.00 | |
| 52-Week High | 215.00 | |
| 1-Month High | 215.00 | |
| 14 Day RSI at 70% | 211.76 | |
| Last | 210.75 | Last |
| 205.81 | 38.2% Retracement From 4 Week High | |
| 202.97 | 50% Retracement From 4 Week High/Low | |
| 200.13 | 38.2% Retracement From 4 Week Low | |
| 199.11 | 14 Day RSI at 50% | |
| 1-Month Low | 190.94 | |
| 190.70 | 38.2% Retracement From 13 Week High | |
| 183.20 | 50% Retracement From 13 Week High/Low | |
| 175.69 | 38.2% Retracement From 13 Week Low | |
| 14 Day RSI at 30% | 170.96 | |
| 169.42 | 38.2% Retracement From 52 Week High | |
| 155.35 | 50% Retracement From 52 Week High/Low | |
| 13-Week Low | 151.39 | |
| 141.27 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 20% | 135.76 | |
| 52-Week Low | 95.69 |
