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iShares Russell 2000 ETF
Short
Updated

Charts That Make You Go Hmmmm (Pt.3) -"The Monthly Hammer Setup"

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I don't believe I need to explain candlestick patterns here, but I don't often visit the monthly chart and believe this could be easily missed by many.

I can count on one hand the number of times I see a monthly hammer in the last 15 years. It's 4 for 4 so far.
Note
IWM


Weekly Hammer as well.
RHTrading
Also on:
Chart PatternsDJIdjtIWMQQQSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) TLTTrend AnalysisVIX CBOE Volatility Index

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsDJIdjtIWMQQQSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) TLTTrend AnalysisVIX CBOE Volatility Index
RHTrading
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.