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)
August Range: 144.25 – 159.23
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 | 169.32 | |
| 13-Week High | 159.23 | |
| 1-Month High | 158.92 | |
| 153.98 | 38.2% Retracement From 4 Week High | |
| 153.51 | 38.2% Retracement From 13 Week High | |
| 152.70 | 38.2% Retracement From 52 Week High | |
| 152.46 | 50% Retracement From 4 Week High/Low | |
| 151.74 | 50% Retracement From 13 Week High/Low | |
| Last | 151.34 | Last |
| 150.94 | 38.2% Retracement From 4 Week Low | |
| 149.97 | 38.2% Retracement From 13 Week Low | |
| 147.57 | 50% Retracement From 52 Week High/Low | |
| 1-Month Low | 146.00 | |
| 13-Week Low | 144.25 | |
| 142.43 | 38.2% Retracement From 52 Week Low | |
| 52-Week Low | 125.81 |
