Good morning, Very nice bounce in the small cap index IWM. Having made a recent low around -3 ATR to the $170 level, then bouncing to the mean around $182, it made a nice higher low in the middle $170âs before breaking the mean currently at $181.77. I want to see the mean or about $182 act as support now to justify a true bottom in the markets and possible uptrend, where we go from the man to +1, +2, and +3 ATR headed into the Fall. Feels right to me, that the bottom for 2022 is in, but if that $182 support fails, this bounce was nothing more than a short cover rally inside an overall downtrend. Itâs very key I watch these levels this week as it relates to my risk. I saw some really nice moves on last weekâs watchlist with nearly every name climbing with the indice. PRPL continues to have a strong bid and I think anything around $5 now, would make sense as a base trade, looking for $8-$10 on a swing trade. You can see how the IWM chart and PRPL have been moving together of late. This is a decent $6 company and I happen to like their product and marketing. WEAV above $5 is still on my radar, i think this could make a move between $10-$15 if the overall market bottom is in, so watch that IWM is the key. VINE keeps bleeding out on very low volume. Since it didnât hold $3, Iâm not as interested but will be monitoring this $2.50-$2 ranges given its spikeability. Iâm in ABOS, goal is $4+, Iâm in BTBT, goal is $4-$6, and Iâm in LQMT, goal is $.30-$1. FUBO around $3.30, MVIS above $3.50, SDC in the $1.40âs, and NNDM (one of my favorites) above $3, for a move to $4, is something Iâd ike to buy this week. Remember, 10-20% gain on swings and 50-100% gain on longs is the goal of my trading. Best of luck this week guys and gals. If the bottom is truly in for 2022, itâs going to get exciting in small cap land, so stay in your seat. Sincerely, Jason Bond [Alternate text]( [Image] [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.]( © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of [RagingBull.com](, LLC are paid in whole or in part by commission based on their sales of Services to subscribers. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.