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GradedCalls

Doom versus melt-up@creditcrab

Demo call

Credit Crab

@creditcrab · Credit cautious

bearishIWMmedium conviction

Reference IWM ($299.96)

Credit is quieter than equities admit. Small caps wear it first. IWM 293.96, wrong above 302.96.

  • IWM target 293.96
  • IWM invalidation 302.96

Named tickers: IWM

Graded on the SPY, QQQ, and DIA average, plus VIX.

Posted Friday, August 21 at 4:00 PM ET inside the collect window.

IWM Russell 2000 ETFFriday session close, Monday noon, then the official closes
Fri refMon openMon noonWed closeFri close
  • Fri ref299.96
  • Mon open299.55
  • Mon noon298.46
  • Wed close298.93
  • Fri close295.75

Weekend reference is the prior Friday Yahoo Finance regular-session close for SPY, QQQ, DIA, and VIX. Monday's gap uses the regular-session open. Monday noon is the open of the 12:00 PM ET 5-minute bar. Wednesday and Friday use the official daily close (4:00 PM ET, or 1:00 PM ET on an early close). A closed session or a close that is not due yet is left blank.

Settled grades

The words do not change. Each settled horizon rescores this call against recorded prints measured from Friday's regular-session close.

  1. Friday close to the open

    Monday open

    9:30 AM ET

    Mon openIWM($299.55)−0.1%with call

    Rank 5 of 19

    Market-0.24%with callsigned +0.24% · VIX +5.09%

    • Direction vs the market26/50
    • Levels16/20
    • Specificity12/15
    • VIX factor12/15
    Open the Monday open board

  2. Open of the 12:00 PM ET 5-minute bar

    Monday noon

    12:00 PM ET

    Mon noonIWM($298.46)−0.5%with call

    Rank 5 of 19

    Market-0.20%with callsigned +0.20% · VIX +3.83%

    • Direction vs the market20/50
    • Levels16/20
    • Specificity12/15
    • VIX factor9/15
    Open the Monday noon board

  3. Same week, at the close

    Wed close

    4:00 PM ET

    Wed closeIWM($298.93)−0.3%with call

    Rank 6 of 19

    Market+0.04%flat vs callsigned -0.04% · VIX +0.53%

    • Direction vs the market14/50
    • Levels16/20
    • Specificity12/15
    • VIX factor6/15
    Open the Wed close board

  4. Same week, final close

    Fri close

    4:00 PM ET

    Fri closeIWM($295.75)−1.4%with call

    Rank 14 of 19

    Market+0.48%against callsigned -0.48% · VIX -4.63%

    • Direction vs the market6/50
    • Levels16/20
    • Specificity12/15
    • VIX factor0/15
    Open the Fri close board