๐ฆ IWM GAME PLAN | THURSDAY , JULY 16
๐ THE MAP (Weekly)
Weekly High: 302.72
Weekly Low: 290.68
Weekly Range: $12.04
Last week sellers defended the weekly highs, but buyers are attempting to reclaim value. Price is sitting almost exactly in the middle of the weekly range, meaning todayโs move could determine whether we revisit the highs or continue toward the weekly lows.
โ๏ธ THE BATTLEFIELD (Daily)
Daily High: 297.14
Daily Low: 294.15
Daily Range: $2.99
Wednesday closed as an inside recovery after Tuesdayโs selloff. Buyers reclaimed the EMA, but they havenโt proven full control until price clears yesterdayโs high.
๐ต THE DESERT (Chop Zone)
294.90 โ 295.73
Expect:
โข Fake breakouts
โข Whipsaws
โข EMA battles
Let institutions reveal direction.
๐ง THE WATERING HOLE
295.48
Above this level, buyers gain momentum.
Below this level, sellers regain control.
๐ข CALLS
Trigger: 15-minute candle closes above its high, followed by a 5-minute confirmation and a 1-minute retest.
Contracts:
Targets:
๐ด PUTS
Trigger: 15-minute candle closes below its low, followed by a 5-minute confirmation and a 1-minute retest.
Contracts:
Targets:
๐ฆ๏ธ MARKET WEATHER
Season: Neutral to Bullish
Forecast: Morning Consolidation โ Possible Expansion
Temperature: Moderate Volatility
Wind: Momentum Building
Visibility: Fair
Water: Buyers Testing Control
Predator: Institutions
Prey: Retail Chasers
๐ฆ WATERING HOLE SCORE
Trend Strength: 6.4/10
Bull Probability: 58%
Bear Probability: 42%
Trend Day Odds: 60%
Reversal Odds: 40%
Best Direction: LONG above 295.48
Most Likely Move: Range Expansion
Most Dangerous Time: 11:30โ1:00
Best Entry Window: 9:45โ10:15