$IWM, the Russell 2000 small-cap index, saw varied performance this week, hitting resistance at 204 but closing positively at 200-201. Despite a recent dip, sentiment remains optimistic for a potential breakout. The index experienced a 2% gain, rebounding from a previous decline of 1.1%. Traders are eyeing short-term trading opportunities amidst market fluctuations.
*Final S&P 500 $SPX Tuesday Heat Map: $TSLA +10.2% $AAPL +1.6% $AMZN +1.4% $GOOGL +1.1% $META +0.9% $MSFT +0.5% $NVDA -1.3% https://t.co/57DBu3yQ1y
S&P 500 Closing Bell Heatmap (Jul. 02, 2024) $SPY +0.67%π© $QQQ +1.06%π© $DJI +0.41%π© $IWM +0.31%π© https://t.co/SCOPnrFxqw https://t.co/RqcMRxjijV
S&P 500 Opening Bell Heatmap (Jul. 02, 2024) $SPY -0.25%π₯ $QQQ -0.20%π₯ $DJI -0.17%π₯ $IWM -0.02%π₯ https://t.co/wAsDZbvGUD
$IWM turns positive https://t.co/gkwcO3aFYE
S&P 500 Closing Bell Heatmap (Jul. 01, 2024) $SPY +0.21%π© $QQQ +0.59%π© $DJI +0.13%π© $IWM -0.82%π₯ https://t.co/VeLWQ6Vccv https://t.co/5JBwDvI1D5
had to gorge on some small caps $IWM here, grabbed: $PTLO $MCFT and a little $ALTG - still getting up to speed on this one.
S&P 500 cap-weighted $SPY: +0.09% S&P 500 equal-weight $RSP: -0.80% Russell 2,000 small-caps $IWM: -0.90% New month, same trend.
$IWM was constructive last week. Now back to 200-201. Great short term trading vehicle through these ebbs and flows, but eventually name should breakout hard imo.
S&P 500 Opening Bell Heatmap (Jul. 01, 2024) $SPY +0.25%π© $QQQ +0.12%π© $DJI +0.46%π© $IWM +0.23%π© https://t.co/FoPRaTmXP2
Here's the Final Heatmap of the S&P 500 for the First Half of 2024: $QQQ +19% π© $SPY +15.1% π© $DJI +3.6% π© $IWM +1.6% π© https://t.co/MEEVfAoBGK
Here's how the S&P 500 performed in the first half of 2024 https://t.co/gJhKFG3WQ5
$SPY MTD Heatmap π₯ π’Winners: $ADBE +24.16% $CCL +23.01% $CRWD +20.18% π΄Losers: $WBA -25.65% $PARA -19.14% $POOL -15.72% https://t.co/RMjOrHAUcz
πΊπΈ S&P 500 $SPY $SPX Final Weekly Heat Map: π’ $TSLA $AMZN $GOOGL $META $AAPL $ADBE π΄ $NVDA $MSFT $MU $QCOM $NKE $V $MRK https://t.co/HNoI1xW8L0
Final heat map of the S&P 500's $SPY performance from today https://t.co/1lRUo2SQfe
$IWM held well relative to SPY/QQQ today.. closed green +0.4%. Wild day all quarter end games but should likely rebound next week
$SPY +3.5% in June $QQQ +6.5% $IWM -1.1% $VEU -0.5% $AGG +0.9% https://t.co/v4f9YRaKv6
Here's the Final Monthly Heatmap of the S&P 500 for June 2024. $QQQ +5.50% π© $SPY +3.4% π© $DJI +1% π© $IWM -1.5% π₯ https://t.co/V3m6aCSCeB
Small caps vs. Large caps in 2024: β’ $SPY S&P 500: +15.7% β’ IWM Russell 2000: +1.2% β’ $IJR Core S&P Small Cap: (1.6%) https://t.co/9e2gYpThWR
Heat map of the S&P 500's $SPY early performance so far today https://t.co/w9rHk4o1Gj
Everything up a little. $RSP +0.5% $IWM +1.1% https://t.co/B8tBZomWr4
$IWM hitting that 204 level which is short term reistance based on call wall gamma and the monthly POC, could blow thru next week thoughsince the rotation to small caps feels quite ripe, those July 12th $200 calls from Wednesday doubled since
$IWM +2% this week https://t.co/eEVXDTiCUg
S&P 500 Opening Bell Heatmap (Jun. 28, 2024) $SPY +0.09%π© $QQQ +0.06%π© $DJI +0.12%π© $IWM +0.81%π© https://t.co/O1n0F2rzEn
$IWM Constructive here at 204. Catch up trade.