Russel about to move up...Expect the unexpected! I was a HUGE Russel bear in late 2018... now, it looks ready to move up and conquer it's all time highs! WOW. #debt #gold #silver $slv $gld #fintwit $sil $silj $gdx $gdxj
RTY trade ideas
RUT Russell - a main "TRIPLE CROWN" pattern could be evolving!
we could be heading to a second part of the main "triple crown" pattern
a final DROP should be postponed to mid Jan
RUT Russell 2000 - H&S 3tops - DOWN before UP?
reached 1574 level - matching levels for a left shoulder
expecting down moves before another UP and final ZIG-ZAG to 1610
RUT End Of Week Evaluation*** Comments prior to evaluation summary ***
Orion:4Sight Range for coming week 1444.22 - 1549.25 (Mean: 1496.73)
Orion:4Sight Range for November 1522.70 - 1676.61 (Mean: 1599.66)
Analysis is done based on the attitude and strength (or lack of) set up in the indicators on a weekly chart as of close Friday. Any news released over the weekend or during the follow on week can greatly impact the charts. Under normal world circumstances, I would say that most of the news is already playing into the charts as traders anticipate. However, 2020 is a little more different isn't it? So, what is the news?
Covid cases increase, they say maybe no vaccine until 2021 and world wide distribution until 2022, Europe locks down (Spain, Belgium, France, Germany), Winter sets in, Movie Theaters close, Restaurants and bars close, economy slows. America is getting ready to vote.
2020 by itself could be a Billy Joel song. "We didn't start the pandemic".
This week the RUT moved 109 points, the 21 day average is 77 points.
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 77.37 points/ticks/pips. Prices are currently .24x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 1432.57 and 1652.05.
While in consolidation the trade range may decrease to 47.586 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1607.34 to 1469.62 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages.
News announcements can change the strength and directional attitude.
Weekly: Trend strength suggests trading between a range of 1490.67 to 1586.29 for the following week.
Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 1471.12
If strength and attitude continue, it could take between 1 to 2 trade periods (weeks) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 70.00% are bullish, 10.00% are bearish, 20.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bullish - cover longs.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Close/Cover directional trades, profit taking/trend switch in process.
RUT triple top - 22 December drop version
pattern is developing - update of the plan
decline starts around 22nd December
RUT Russell 2000 - two next days?
H&S to build up a reversal trend tomorrow
reaching top levels day after (to finish a new channel resistance)
Friday reversal to DOWN trend
RUT Russell 2000 - short term LONG - Son & Father in H&S
UP tomorrow?
ZIG ZAG till US election
Finish of Head and move DOWN
part of a massive H&S - more in a related link
RUT Russell 2000 - The Big CRASH scenario? Jan/March 2021
Forecast with a long range so accuracy is less limited
Massive H&S?
Fibonacci spiral projection in confirmation
Long term SHORT, periods of LONG
RUT End Of Week Evaluation*** Comments prior to evaluation summary ***
This coming week is earning from very large (186 of them are SP500) corporations, the news from Europe is looking grim as Spain declares a 6 month state of emergency and of course American politics.
Anyone saying, with this amount of news pending, that forecasting is accurate is foolish. All I can say at this point is that the close of the week was neutral pattern bar.
Orion:4Sight Range for coming week 1626.91 - 1733.21 (Mean: 1681.56)
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions
Price Action:
Weekly: The average price range currently is 78.34 points/ticks/pips. Prices are currently 1.613x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 1541.20 and 1652.05.
While in consolidation the trade range may decrease to 48.204 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1708.49 to 1572.52 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages.
News announcements can change the strength and directional attitude.
Weekly: Trend strength suggests trading between a range of 1606.33 to 1693.91 for the following week.
Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 1741.12
If strength and attitude continue, it could take between 3 to 6 trade periods (weeks) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 90.00% are bullish, 0.00% are bearish, 10.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - long entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
RUT End Of Week Evaluation*** Comments prior to evaluation summary ***
Orion:4Sight Range for coming week 1541.57 - 1644.34 (Mean: 1592.96)
Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions
Price Action:
Weekly: The average price range currently is 80.56 points/ticks/pips. Prices are currently 1.62x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 1541.20 and 1652.05.
While in consolidation the trade range may decrease to 49.44 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1567.93 to 1699.682 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 1593.53 to 1683.59 for the following week.
Price Projection:
The price action has generated a projection signal for the underlying.
Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 1741.15
If strength and attitude continue, it could take between 3 to 6 trade periods (weeks) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 90.00% are bullish, 0.00% are bearish, 10.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bullish - long entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bullish - Open directional trades
small cap companies next week analysisthe weekly chart indicates that the price is showing rejection in a downtrend trendline that comes back from 2019.
the MACD indicator is also showing divergence
price action is showing a downtrend structure and the candle closed forming a doji.
Russel2000 (RUT) Path and directionHello everyone
This is my Russel2000 idea for Daily time frame
watch key notes for more detail on chart
for any question feel free to ask :) good luck
RUT - Small & Midcaps since 2008 - Upside down C&HThe next 10 years are looking bleak. The fundamentals of small/midcaps has been on a long decline. Is it really that difficult to imagine a future where a handful of corporations manage all of the goods and services? Throughout the index, companies showing increasing debt, declining revenues, declining cash flows. Thoughts?
Russell 2000 (My Dead Friend loved to trade this)Updated View on Russell 2000 (29 Sept 2020)
My dead trader friend loved to trade Russell 2000.
He was the one who showed me the world of trading in 2008-2009.
Due to the family issue, he took his own life in early 2010-2012. Thanks for the memories, Philip.
Memories aside. RUSS 100 is in the strong UP trend and it shall continue to stay so.
1,500 shall act as strong support/ gate keeper for now as long as the level is support well, any sell positions shall be considered as a counter-trend entries and you need to be very fast.
Overall. it is still BULLISH.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
RUSSEL 2000 short tradeSo the Russel is set to retrace a lot more, impo, it has now hit the .618Fib on very low TF, just look at the chart, after that you can see a long trade to follow. The measured move from the upwards channel has hit the target also already, i really should post these trades more, my confidence is growing, as it should, i never seen someone else posting these kind of precise trades AND hitting them, my best ones i didnt even post the past weeks, no use in posting them now, cause you could say its hindsight, i know...i will post them from now on, give me some comments please, so i got courage to keep posting them, i will only post the high proabalities, promised!
US2000 DAILY CHART ANALYSISUS2000 DAILY
- Watching for Pullback Into Support
Price is in a clear-cut trend one way in this market with all the recent momentum pointing up.
As the daily chart shows; price also recently broke higher and through the key daily supply level.
This level looks like it could now act as a new price flip demand level and a potential area to hunt long trades.
If price can now rotate back lower, then hunting trades at this level would be inline with the momentum and at a major level.
US2000 DAILY CHART ANALYSISUS2000 DAILY
- Watching for Pullback Into Support
Price is in a clear-cut trend one way in this market with all the recent momentum pointing up.
As the daily chart shows; price also recently broke higher and through the key daily supply level.
This level looks like it could now act as a new price flip demand level and a potential area to hunt long trades.
If price can now rotate back lower, then hunting trades at this level would be inline with the momentum and at a major level.
