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)
1-Month Range: 150.76 – 158.03
Weekly Chart
Daily Chart
5 Day Chart
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 52-Week High | 173.39 | |
| 14 Day RSI at 80% | 171.40 | |
| 14 Day RSI at 70% | 161.79 | |
| 13-Week High | 161.11 | |
| 1-Month High | 158.03 | |
| Pivot Point 2nd Level Resistance | 157.68 | |
| Pivot Point 1st Resistance Point | 156.89 | |
| High | 156.67 | High |
| Last | 156.11 | Last |
| 155.89 | Pivot Point | |
| Pivot Point 1st Support Point | 155.10 | |
| Previous Close | 154.91 | Previous Close |
| Low | 154.88 | Low |
| 154.11 | 14 Day RSI at 50% | |
| Pivot Point 2nd Support Point | 154.10 | |
| 1-Month Low | 150.76 | |
| 13-Week Low | 145.32 | |
| 14 Day RSI at 30% | 143.76 | |
| 14 Day RSI at 20% | 130.82 | |
| 52-Week Low | 125.81 |
