The monthly chart of the Russell 2000 (RUT) shows positive momentum and a long-term rising phase of a dominant 76-bar cycle, suggesting continued upside.
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IWM Russell 2000 ETF: Matching Current Technical Analysis to Options Strategy Selection
Steve MillerJun 1, 2026
The creator discusses the IWM Russell 2000 ETF, analyzing its technical patterns across multiple time frames to inform options strategies. While noting a generally bullish lean and strong historical patterns, the current price action is described as being in 'no man's land,' suggesting a more conservative approach to aggressive option plays like long calls, favoring shorter-term swings with careful timing.
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IWM shows a bullish lean but is currently in 'no man's land,' suggesting a hold with conservative option strategies and careful timing for aggressive plays.
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