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Rusell2000

If you count with a market crash this one goes firstMonthly timeframe chart. Price is building up a huge bearish flag, it may try another push to the flag resistance (I would open a short then) but it doesn't look good at all for the Russell 2000. Another strategy is to open a small position now and add if price hits the resistance and is rejected or add is price breaks down the flag support in the weekly timeframe. This is a long term trade it could take several weeks to play out. TP at 145 support. SL at 205 level.
AMEX:IWMShort
by ArturoL
URTY - the 3X leveraged ETF for the Russell 2000 LONGURTY seeks to yield 3X the Russell . The Russell has lagged the other major indices. This is probably because this is a big collection of small companies which are weaker in general and more suspectible to financial pressures like to cost of borrowing to finance growth and so on. This week the Russell is out performing SPY, QQQ and DIA. These leveraged ETFs should not be traded downside as the 3x causes expotential decay over time. Buy and hold will not work well. On the chart, the up trends as tracked by the "alpha trend" indicator are fairly obvious and substantial. The zero lag MACD confirms buy and sell signals with K/ D line crosses. Entry points are marked by a dramatic uptick in relative volatility making it easy to buy fast and early in trend momentum, URTY is up nearly 20% so far in June. ( So much for sell in May and go away). At present, it is waiting in consolidation waiting for more buyers to step into its price action.
AMEX:URTYLong
by AwesomeAvani
8