TWM

I bought TWM today to short the small cap index represented by IWM.  IWM appears to be paying pretty strict attention to the Bud Rolf-type support and resistance levels at even 10's of points.  It hit it's head on 80 and there is also up against huge volume from the Aug '11 long black candles with massive associated volume.

TWM trading plan is:

Buy 33.27
Target 42.59
Stop Loss 32.44
R/R 11.2!!!

This is a high Reward/Risk Ratio because the IWM has its "back against the wall," that is 80 as a firm resistance point.  The target, well 70 for the IWM might be about 40 for this double fund.