IWM is currently the most bullish index due to higher highs/lows and an upside break of structure; calls are favored.
Bullish
“$SPY Futures Rise as Trump Says 'Market Will Go Up' | PreMarket Playbook | September 3, 2026”
BenzingaPublished Sep 3 · 1 passage
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But it seems that it's the IWM that looks the most bullish right now. Let's take a look at this. So indeed IWM bullish trend edge higher highs and higher lows and a break of structure.
Indeed right in here. Break of structure to the upside. So at the moment right now index gate says risk on IWM looks like calls are a go here.
What this channel has said about $IWM
Benzinga has 2 calls on this stock; only the adjacent ones are shown.
2026-09-09Bearish
Let's also check the IWM here real quick and see how that's doing today. So, IWM, this is interesting. IWM forming a double bottom here around 2926065. Be very interesting to see if IWM can reverse this as well.
Quote at 2:09:14 ›2026-09-03BullishThis one
But it seems that it's the IWM that looks the most bullish right now. Let's take a look at this. So indeed IWM bullish trend edge higher highs and higher lows and a break of structure. Indeed right in here. Break of structure to the upside. So at the moment right now index gate says risk on IWM looks like calls are a go here.