As we see in the chart of IWM ( traded etf for Russell 2000 ) we have a move up from post Trump election with first lower low(LL) previous week when we broke 137.20. The prior pivots for trading this week is $140.86 and $134.80. I think that we may need more time to rest here . Anyway, in case if bulls broke above $140.86 try to play this trading strong stocks but be patient as we enter overbought area.In case if we broke $134.80 see if bears will hold below and watch for follow through to $133.30 and after to $130.50 trading weak stocks.
Strong stocks :
VIAV, IMMU, NRZ, STL, OLN, SFR, COHR, CC, RSG, AF, KITE, KBH, AVXS, CLVS, GBT, ILG, ENTG, HRG, LITE, LPX, A, PEN, AJRD, TMHC, FIVN, AZPN, AAOI, RESI, GEO, PTLA.