IWM Trade on Oct 9, 2020 09:37 from spyrosz: Tradervue User Stock Trades.

Huge move from lows=$142 to new highs $160 on stimulus hopes, followed by no stimulus deal news. No problem, new highs at $164, breaking major resistance levels on the way up ($160) w/o even a retest, or a consolidation. All of that in 12 days and in the weakest of the indeces...

IWM was gapping higher premarket right for a 2nd consecutinve day, in-front of R1=major daily/weekly resistance=$164, being way over-extended on the daily.
Premarket plan was to get "short" at the morning pop towards R1=$164, risking $0.5-1, expecting a reversal/RDR sell day.

Tried to push at the open, got rejected at the premarket high=$163.6s and rolled-over below VWAP.

Got short filler, risking HOD=$163.6s once it started holding below VWAP, and got bigger when I realized VWAP was holding it down acting as resistance, forming a "VWAP Triangle Support Break" of opening print=$163.1. Added two momo tiers through the break of opening print for the momo sell-off lower, expecting the move to S1=yesterday's close=$162.

Trade played as expected. IWM proved to be really weak, and I covered most at target. Held small for continuation lower, risking above VWAP.

IWM remained weak, couldn't even push to VWAP, and once it started holding below S1=$162,

reloaded small short, risking above VWAP expecting the break of S1 and a move to S2=$161.

Well, the Orange fucker tweeted again and I got stopped out...