IWM opened at $236.72, +5.6% from the prior session. The low of the day came on the 9:55 AM bar at $232.76, and the high on the 3:30 PM bar at $237.58. The last 5-minute bar closed at $237.24, +5.8% from the prior close, with a range of 2.1% in one session.
After Trump's win, traders bought domestic companies expected to gain from lower taxes and lighter regulation, and to be less exposed to tariffs (Reuters, via Kitco).
Could you have traded it?
Play the day from the open in Market Replay with the rest of the chart hidden, and trade it the way you normally would. These are the questions I'd want an answer to by the close:
- After a gap like that, did you expect it to fill? What did you do when it didn't?
- The low came in the first half hour. Did you buy it, or wait for a higher low?
- Did you hold all day, or take small profits along the way?
- Where would your stop have been on a long from the first pullback?
Watching the replay needs no account. To trade the day yourself it has to be inside your plan's history: Free replays the last 30 weekdays, Trader the last 365 weekdays, and Quant every day since March 28, 2023.