Originally Posted by
Billy
DISCRETIONARY VIEWS : For IWM, the second resistance cluster including Quarterly R2 (87.15), Yearly R1 (87.01), Semester R1 (86.45) and Weekly R2 (86.26) has a strength of 21 and is the most likely area for a temporary top. A filling gap dip down to Weekly pivot (81.56) or (65,5,30min) volatility stop (81.64) would offer a low risk long entry. If one wants to bet on following the uptrend up to the second resistance cluster with multi-pivot 3:1 reward-risk ratios, the best is to use the long setups proposed daily on the IWM robot page.