$IWM vs $QQQ tactical trade... assymtrical risk/reward 15:1

Long

iShares Russell 2000 ETF (AMEX:IWM)

Updated

AMEX:IWM iShares Russell 2000 ETF

Support and Resistance mean-reversion counter-trend

supportandresistance mean-reversion counter-trend

1st time $IWM is above relative 200 day MA (SPY) in 1 yr
Great setup using previous high as stop; 15:1 risk reward (aggressive) for end of year bounce

Comment:

snapshot

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