T3 Live on $IWM (Nov 9, 2026)
IWM has only slight relative strength and looks horrendous; after Friday's red-dog reversal the speaker would sell or trim into 277–279 resistance at the moving averages and would not buy without a position, though whether it is rejected there is uncertain.
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Yes, there's a there's a little relative strength in the IWM, but look at this. This is horrendous. Yes, you got um a red dog reversal Friday. Um I was not buying the red dog reversal at the end of the day.
I just felt like it wasn't for me while I was away. If you did, you know, you're getting paid. So, that's a a decent tactical trade. You're up 370 or 277. There's going to be a lot of resistance right here.
Okay, this is where all the moving averages are, right? 277ish. So, I would think you want to trim into that. If you bought the IWM in the hole, okay, and it did hold up better, so you made some sense for you to do, I would be selling it here at 277 and then uh you do have 279.
So, this zone is where all the moving averages are, okay? Will it be rejected? Okay. Or not. So, I would I would uh I would be careful, you know, if you don't have any on, I probably wouldn't be buying into that spot, but you'll see, you know, what it does and and how and how it reacts there. Okay, it's 277 to to 279.
What this channel has said about $IWM
T3 Live has 8 calls on this stock; only the adjacent ones are shown.