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: 157.23 – 165.10
Weekly Chart
Daily Chart
5 Day Chart
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 14 Day RSI at 80% | 171.37 | |
| 14 Day RSI at 70% | 165.21 | |
| 13-Week High | 165.10 | |
| 52-Week High | 165.10 | |
| 1-Month High | 165.10 | |
| Last | 163.33 | Last |
| 162.09 | 38.2% Retracement From 4 Week High | |
| 161.17 | 50% Retracement From 4 Week High/Low | |
| 160.28 | 14 Day RSI at 50% | |
| 160.24 | 38.2% Retracement From 4 Week Low | |
| 157.40 | 38.2% Retracement From 13 Week High | |
| 1-Month Low | 157.23 | |
| 155.01 | 50% Retracement From 13 Week High/Low | |
| 152.63 | 38.2% Retracement From 13 Week Low | |
| 14 Day RSI at 30% | 151.28 | |
| 150.09 | 38.2% Retracement From 52 Week High | |
| 145.46 | 50% Retracement From 52 Week High/Low | |
| 13-Week Low | 144.93 | |
| 140.82 | 38.2% Retracement From 52 Week Low | |
| 14 Day RSI at 20% | 140.04 | |
| 52-Week Low | 125.81 |
