RTY trade ideas
RUT update for 4 November 2019Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1597.39 - 1644.91
No Conolidation Exists at this time
If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1617.7
The prices have moved 3.21 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
*** I will be traveling from end of November thru end of December. I will update as I am able. ***
RUT update for week ending 1 November 2019Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1589.33 - 1652.92
Price Consolidation has formed between: 1462.22 - 1590.49
Out of the combined (weekly & daily) indicators monitored, 0.00% are bearish, 100.00% are bullish and 0.00% are neutral
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current weekly reading of: Bullish
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1589.33 - 1604.47
Prices have broken through the consolidation high
If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1611.86
The prices have moved 2.89 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
*** I will be traveling from end of November thru end of December. I will update as I am able. ***
RUT update for 31 October 2019Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1554.76 - 1572.95
Price Consolidation has formed between: 1552.87 - 1581.13
If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1548.40
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
*** I will be traveling from end of November thru end of December. I will update as I am able. ***
** I will be updating format for easier read - suggestions are appreciated ***
RUT update for 30 October 2019Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1565.00 - 1583.56
Price Consolidation has formed between: 1562.05 - 1581.13
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
*** I will be traveling from end of November thru end of December. I will update as I am able. ***
** I will be updating format for easier read - suggestions are appreciated ***
RUT update for 28 October 2019Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1571.93 - 1589.27
No Conolidation Exists at this time
The prices have moved 2.21 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Bullish
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
RUT update for week ending 25 October 2019Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1525.09 - 1592.33
Price Consolidation has formed between: 1462.22 - 1590.5
Out of the combined (weekly & daily) indicators monitored, 0.00% are bearish, 91.67% are bullish and 8.33% are neutral
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current weekly reading of: Neutral Bull
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1546.55 - 1570.87
Prices have broken through the consolidation high
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
RUT/SPX - UP/DOWN WTF!!!BLUF : "In a statement issued at 1515ET, The New York Fed confirmed it would dramatically increase both its overnight and term liquidity provisions beginning tomorrow through November 14th."
Futures Steady / Low Volume / Low VIX / Seasonal InflectionWTF / Still in this HOPE mode....looking for any pressure to Pull-the-Trigger! (The First Trigger Pull is the Heaviest) What could go wrong? Place your Bets? The Fed, Rate Cuts, Continuing Resolution unto 21NOV...Incompetents Rule!
Question ... What is the Trade? Do Not start seeing things that do not exist....
HEAD SHOTS ONLY!!!
“Ever tried; Ever failed, No matter; Try again; Fail again; Fail better”
RUT update for 23 October 2019Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1543.62 - 1565.45
Price Consolidation has formed between: 1541.73 - 1557.88
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
Comments:
There is some serious negative divergence occur in some indicators from the prices on the DIA, SPY, QQQ, IWM. Be cautious out there.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
RUT Descending Triangle with a slight bearish divergence w/ RSIThis week or next week we should test that upper down trend of the descending triangle. One thing that i'm noticing is the bearish divergence in the RSI. You can also spot a divergence in the SPX at the high time frames.
RUSSELL 2000 - More Overvalued than During 2000? - #ValueCyclesThat's right, more overvalued than during year 2k and the subsequent tech wreck that ensued.
How?
Simple, measure the RUT against something that is not transient, i.e. in this case silver.
Frustrated with the back and forth of the market during late 2018-2019?
Not if you were measuring assets correctly, for those with the forethought to do so, they are sitting on a healthy 30%+ gain since August, with plenty of upside remaining.
Buy and Hold is dead, get smart or go broke.
#ValueCycles
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RUT update for week ending 18 October 2019Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
The market is currently in transition and trade caution is advised.
The anticipated upcoming trade range is between 1500.63 - 1570.33
Price Consolidation has formed between: 1462.22 - 1542.66
Out of the combined (weekly & daily) indicators monitored, 16.67% are bearish, 66.67% are bullish and 16.67% are neutral
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current weekly reading of: Neutral Bear
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bear
The strength demonstrated over the last 5 weeks is currently: Bullish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1522.09 - 1548.87
Price Consolidation has formed between: 1525.47 - 1542.66
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Bullish
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
RUT UP or DOWN ?1-2-3 Up or Down? Can the Earnings and/or other Reflation Tools move the needle? TBD
HEAD SHOTS ONLY!
Can Housing save the day...TBD! Watch it...
RUT update for week ending 11 October 2019Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1476.72 - 1537.69
Price Consolidation has formed between: 1462.22 - 1539.09
Out of the combined (weekly & daily) indicators monitored, 8.33% are bearish, 75.00% are bullish and 16.67% are neutral
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current weekly reading of: Neutral Bear
The RSI that monitors bearish strength has a current weekly reading of: Bearish
The strength demonstrated over the last 5 weeks is currently: Bearish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1501.61 - 1525.94
Prices have broken through the consolidation high
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Neutral Bear
The strength demonstrated over the last 5 days is currently: Bullish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
