Short the Russell stillWe're still short of the IWM on the current economic enviornment. Better Ratio on this trade. Feel free to trade a smaller position on this signal.
Russell2000
will small caps save the market or fail at resistancerussel is making its high, and the question is will it print this and reverse following the rest of the market lower, or is this resistance breaking on a second touch to melt the market up with more squeeze. right now the hourly is most important. as long as were below nadaraya watson estimate it feels like price belongs toward bottom of envelope and lower horizontal, and if we bounce we should go back toward estimate or upper horizontal.
Apple Inc. Price target: $70.00/share
As part of my inverse big tech ETF...
Apple is another SHORT position going into this economic slowdown. Projecting $AAPL to decline about -60% to the 200-D MA, the .618 fib, and the pre-pandemic level.
1) Cause: Operating margin are coming down. Effect: Apple cutting costs (Bearish setup)
2) Market cap still holding on which is why $AAPL hasn't crashed yet.
3) Downward EPS revisions
Short the RussellThe market is perpetuating low risk taking which makes the Russell a better broad index short than the S&P500. There's more room to the downside for this one to play out. We suggest a smaller position to which one can add incrementally after it makes it's move. The stop loss can also be moved closer to Breakeven to improve on the Ratio.
RUT Russell 2000 Double BottomA double bottom is a reversal chart pattern in technical analysis that describes a change in trend.
RUT Russell 2000 is oversold at the pre-covid level right now on a double bottom chart pattern.
My price target is $1805.
Looking forward to read your opinion about it.
CRYPTO MARKET UPDATE!! STRUCTURE, BREAK, CRASHHi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
Jamie Gun2Head Idea - Buying US2000Trade Idea: Buying US2000
Reasoning: Some RSI divergence being seen, looking for some window dressing by hedge funds and a move higher today!
Entry Level: 1694
Take Profit Level: 1750
Stop Loss: 1667
Risk/Reward: 2.07:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Russell 2000 / M2 Money Supply: Discounted to 500 MVA & @support"Russell 2000 / M2 Money Supply" ratio
1) It moves in a horizental trend in the long-term.
2) %20 discounted compared to 500 days MVA.
3) Nearly touched a major long-term horizental support.
Of course it can also move more downwards if the crisis/war deepens but we can say that the probability of upwards move is more likely.
First target: 0.095-0.100
Russell 2000 idea (26/09/2022)Russell 2000
We expect the decline to continue as prices traded at the crucial lowest point in 2022, the top of wave ((x)), and to continue down to the target wave ((z)). We may see lower prices at 1514 to end wave ((z)) of the larger wave 2
Jamie Gun2Head Trade - Buying US2000Trade Idea: Buying US2000
Reasoning: Oversold RSI on the daily, looks to be putting in a short term bottom
Entry Level: 1685.0
Take Profit Level: 1759.0
Stop Loss: 1661.0
Risk/Reward: 3.08:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Russel 2000 Weekly Volatility Forecast 26-30 September Russel 2000 Weekly Volatility Forecast 26-30 September
Currently our volatility for Russel is at 4.3%, increasing from 3.76% last week, located on 70th percentile, placing us in a high volatility environment
Based on the previous calculations, there is currently a 16.7% chance that the asset is going to break the channel(the weekly candle it will close above/below)
TOP 1746
BOT 1620
At the same time, based on the previous calculations:
- There is a 28% chance that the previous high from last week of 1830 is going to be touched
- There is a 70% chance that the previous low from last week 1660 is going to be touched
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 2.9% for bull candles and 2.95% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- Core Durable release, CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP and Jobless Claims coming on Thursday 29 Sep
- Core PCE on Friday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
$RUT bearish inverted cup and handleLooks like $RUT is in trouble right now and trying hard to hold above the $1700 support level
bearish inverted cup and handle targets in chart
small caps could help broader market bullsright now there should be rotation out of small caps, and that should hurt this index, but if levels are respected favorable to changing sss and envelope to bull that could be bought up if we reject from these levels it will favor new lows all over.
MARKET UPDATE!! THE NEXT LEG DOWN!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
BULL TRAP BEAR MARKET BULL RUN WATCHING UVXYAMEX:UVXY
UVXY is known to watch greed and fear while rising on fear.
Federal minutes release is tomorrow; in the meanwhile this late afternoon
the indices and the ETFs that track them printed bearish engulfing candles
taking away as much as 1% in moments- this may be a fear escalation process.
To capitalize on this I took call options on UVXY with an expiration on this Friday.
UVXY is 3 the YTD low. SMAs 50, 100 and 200 are above. as target candidates.
Horizontal resistances are drawn. Time will tell. Looks good right now.
MARKET UPDATE!!! MARKETS BLEED! Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
MARKET UPDATE!! WHAT TO EXPECT THIS WEEK?Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
MARKET UPDATE!!!! MARKETS LOOK AHEAD OT CPI REPORT! Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
MARKET UPDATE! MARKETS REBOUND!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
Jamie Gun2Head Trade - Buying US2000Trade Idea: Buying US2000
Reasoning: RSI bullish divergence, looking for a bounce on indices today!
Entry Level: 1789
Take Profit Level: 1829
Stop Loss: 1776
Risk/Reward: 3.08:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Russell 2000 idea (06/09/2022)Russell 2000
is looking for evidence of the end of the downward correction in wave (a).
We expect the bearish correction on the stock to continue until the end of the v wave. we expect it to target 1772 before ending the bearish wave.
Prefer to fade into the rally on US2000USDUS2000USD0 - Intraday - We look to Sell at 1860 (stop at 1895)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1775 and 1760
Resistance: 1815 / 1830 / 1840
Support: 1800 / 1790 / 1775
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Selling rallies on US2000USDUS2000USD - Intraday - We look to Sell at 1880 (stop at 1910)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. We are trading at oversold extremes. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1790 and 1730
Resistance: 1830 / 1935 / 2025
Support: 1785 / 1730 / 1640
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
