IWM should lead the way for stocks over the next three months. The intermediate term price patterns favor a downside breakdown from an extended sideways trend from late January shown in the chart below. Geopolitical uncertainty is a proverbial wild card here and we want to be exposed to the "worst case scenario," sideways trend or not. Accordingly, will be adding IWM April 14th $200P to the Intermediate Term model portfolio before the close of trading.
