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E-Mini Russell 2000 Index Futures

RTY Update

By hungry_hippo
Updated
Overbought so I'm not sure it;s gonna hit the target I drew up yesterday, but tomorrow is Ponzi Friday.

Maybe a rotation out of small caps and into tech tomorrow.
Comment
Indicators for other indices are neutral but MFI is trending up from oversold. Tomorrow is Ponzi Friday so no short positions until Tuesday or Wed when MFI hits overbought on the other indices.
Comment
I might start playing IWM with my 401k, individual stocks will give you heartburn, lol.
Comment
Apparently another short squeeze rally, garbage stocks like NKLA, PD, SFIX going up bigly.

At least my arrow was right. Too late to chase it though it could head to 2320.
Chart PatternsTechnical IndicatorsIWMrty

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