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USARUS trade ideas
Russell 2000 at a key point. Where is the market going next?The Russell 2000 (RUT) is at the lower support area of a bound trading range since February. Two key indicators already broke down this week. 1) The index dipped below its 200d moving average today. 2) The index is made up of small-caps, and the ratio of performance between small and large caps broke down this past week as well.
It's either time for small-caps to head back up, or this could be the start of a lower move.
Bullish: The US dollar strengthening for small caps is bullish. The 10y Treasury Yield remains low, keeping borrowing rates low for small, but growing companies. Employment data continues to strengthen, showing companies of all sizes, but especially small-caps across recovery sectors are hiring back employees to meet demand.
Bearish: The Fed is talking about a possible start to tapering this year. There are indications that the economic recovery is slowing. Retail Sales were lower than expected. Manufacturing Indexes showed a slow down this week. Small-caps are the most sensitive to changes in direction for the economy.
Russel 2000 potential reverse RUSSEL 2000 buying and sell opportunity
after long rallye based on Corona Crisis
RUT is about forming a reversal pattern,
This pattern perfectly macth a Fibonnacci extension 1,681/200
This sideway pattern offer both selling and buying opportunity
EXPLOSIVE MOVE FOR THE RUSSELL??Series of 1/2 that indicating a huge move to the upside very soon!!
JMIA / AMC / NAKD ETC ETC WILL FOLLOW :)))
GOODLUCK!
Moon Time??Triangle in wave 4 which looks completed. Should fly soon into Wave 5.
Eyes on NAKD JMIA AMC TLRY
GOODLUCK!
russell dropRussell 2000 index recently dropped below post-covid crash rally support line and 180-day moving average at the same time.
Are we in Post Melt-Up phaseMy answer to this question is Yes..!
It is highly likely that we were experienced the Melt-up in Small caps between March 2020 and February 2021 in the small caps!
The sharpest move (+144% in 12 months) in the past 23 years!
What Is a Melt-Up?
A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly by a stampede of investors who don't want to miss out on its rise, rather than by fundamental improvements in the economy.
Gains that a melt-up creates are considered to be unreliable indications of the direction the market is ultimately headed. Melt-ups often precede meltdowns.
What is the Price Rate Of Change (ROC) Indicator
The Price Rate of Change (ROC) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago. The ROC indicator is plotted against zero, with the indicator moving upwards into positive territory if price changes are to the upside, and moving into negative territory if price changes are to the downside.
The indicator can be used to spot divergences, overbought and oversold conditions, and centerline crossovers.
The Price Rate of Change (ROC) oscillator is an unbounded momentum indicator used in the technical analysis set against a zero-level midpoint.
A rising ROC above zero typically confirms an uptrend while a falling ROC below zero indicates a downtrend.
When the price is consolidating, the ROC will hover near zero. In this case, it is important traders watch the overall price trend since the ROC will provide little insight except for confirming the consolidation.
Daily Charts in the past 7 months: Pure sideway!
Weekly Chart:
Monthly Chart:
Conclusion:
If you have small caps in your portfolio, define your emergency exit plan..! It will be needed soon!
Reference Article:
www.investopedia.com
www.investopedia.com
Buying Russell2000 on from channel support for 1:2 RRRussell2000 is moving higher in 1h up channel. Price touched channel support and reacted bullish. 1h counter trend line is broken. I'm buying for 1:2 RR, targeting 1h channel resistance @ 2294
TryAs you remember good day starts with a good trade, folks🔥
There is an interesting formation on US2000 .
Flag pattern on this.
The price is in a longterm Bullish trend , so this formation can be another confirmation to go long🔥
The price bounced from support and resistance level multiple times.
So follow the chart and look for the breakout carefully.
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$RUT Russell 2000 trading above resistance level Russell 2000 trading above resistance level////////////////////////////////////////////////////////////////////////////////// bullish
MIGHT TRADE SIDEWAYS FOR A WHILE -- SELL IF IT BREAKS BELOW THE RESISTANCE LINE
This is not an investment advise.
Bullish Triangle on the Russell 2000The Russell 2000 small cap index led the market between November and March. Now following a healthy period of digestion, it may be coming back to life.
The main pattern on today’s chart is the series of higher lows since July 19. Combined with the resistance line around the 100-day simple moving average (SMA), that’s a bullish ascending triangle.
Next, the market internals. TradeStation data shows that 910 members of the Russell 2000 are now above their 50-day SMAs, more than tripling in less than a month. The same measure for the Nadaq-100 has slipped from about 73 to 64 in the same period.
RUT has also been finding support this week at its 8- and 21-day exponential moving averages (EMA). A bullish cross is just now occurring on those two lines, which could draw trend followers if it persists. (It also gives a potential risk-management zone.)
Finally, MACD has been steadily rising -- unlike the Nasdaq-100 .
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
$RTY $IWM Negative OutlookThe Russell is looking shaky here, clear head and shoulders developed and just broke on MAdev, volume flow and TSI rolling over. Look for a retest of lower end of the range at 2100.
$RUT Russell 2000 Setting up for Major Multi-Year RunPrice action appears to be setting up for '04 performance. The Russell has more runway relative to the S&P and Nasdaq.
Russel 2000 - last leg upSmall caps have had a rough time in the last few months.
See if RUT is showing us a bright near future?
Buying Russel2000 on the 1h counter trend line break bullishRussell2000 is moving higher in the major daily uptrend with daily up fibonacci ABCD 1,618 D extension @ 2590. Since 2021 February index is consolidating in the daily range with support @ 2100 and resistance @ 2310. Last week it tested daily range support and bounced off it. So now it is moving to daily range resistance.
On 1h it started to form an up trend line. I'm buying 1h counter trend line bullish in the buy zone. I'm going for profit of 90 points with 1:2 RR.
RUSSELL 2K AND DOW TRANSPORTS TOPPED?The combination of RUT and DTX has created a rising wedge. Price has broken down out of the wedge. These two indices are known to lead the broader market, so their topping in early June is interesting. Price topped in coordination with an RSI divergence before breaking down from the lower trendline of the wedge. This seems to have a good chance of going lower.
NOT INVESTMENT OR TRADING ADVICE
Which High is ACTUALLY HIGHER ? Which Low is ACTUALLY LOWER ?Sometimes a series of HIGHS or LOW have virtually the same PRICE, … So what can a TRADER do ???
First a little back ground, In real simplified terms; The prices printed on the Russel Index (or any Index or stock) represents the Russel’s “intrinsic value” multiplied by the “relative value” of the dollar.
Therefor the background price action of the dollar actually distorts the price action displayed on the Russel index which is derived from stock dollar values.
Most of the time this distortion is negligible but sometime it’s not, .... particularly when the dollar has big swings or the index or stock is trading sideways or near bottoms and tops.
A simple trick to resolve this dilemma is to remove the influence of the dollar from the equation. You can do this in TRADING VIEW by dividing the index or stock by DXY.
This will then print for you a closer wave pattern resembling the real intrinsic value / momentum behavior of the underlying Index of Stock.
For example: Note the subtle changes on the Russel Index chart pattern from LEFT to RIGHT after the influence of the dollars was removed.
Hopes this helps.
RUT - Russell 2000 - Breaking for SouthRussell 2000 Outperformed SP500 but now can't hold it's growth are this rally exhaust it's a difficult question.
If we look into all Bonds Yields and we can figure out these all are dropping and it should not be happen in growth or inflation time,
S&P 5000 Pushing higher but if look inside story Mid and Small caps stocks dropping it means only few giants pushing this index high but in zero interest rate atmosphere if these mid and small caps can not gain means these overvalued or low confidence or some other factors?
We need to stay informed and prepare
US2000USD: RUSSEL ELLIOTT WAVE ANALYSISNew Local Low before continuing impulse higher
Trade Your Plan
RUT
I told you 🧘🏻
also fake breakdown and recover the range, is a positive signal, 2150-2200 the best zone for bought it in the SHORT TERM, be careful!
