Small Caps McClellan Oscillator & $iShares Russell 2000 ETF(IWM)$ The recent bounce in the McClellan oscillator for Small Caps didn't make it above the neutral zone, that shows weakness as highlighted from previous occurrences.Here's why the zero level matters:1) It acts as a baseline for the oscillator's movement.2) Observing how the oscillator behaves around zero can provide clues about the strength of the current trend and the potential for trend changes.3) It can also help identify divergences between the oscillator and the price movement of an index, which can be a significant signal for potential trend reversals.Regarding IWM's Price Action:The days of higher highs and higher lows seem like a thing of the past. The 50-day moving average h
0DTE Options: Gambling or Good Tool?
4 kinds of derivatives expire on Quadruple witching day. This Friday will be the first quad witching day in 2024. Heavy trading volume makes the market highly volatile compared to normal days. Zero-day expiration (0DTE) options, also known as same-day expiration options, are options contracts that expire on the same day they are traded. This concept has been expanded: options expiring that week can also be counted as 0DTE. ---------------- Would you choose 0DTE options as Quad witching day is around the corner?
+ Follow
+17