We want to add a new position in IWM Aug 19th $170P on any close below $170. Aggressive traders can use a close below $172, with $170 being the absolute, "all in on the short side" trigger. IWM Intermediate Term EW Pattern Recognition Trade Intermediate Term Sell Signal Pending: IWM (Close Below $170) Option: Aug 19th $170P (5.45-5.50) Targets: IWM < 145; $170P: > 25 Optional Put Stop: -50%
