MICRO E-MINI RUSSELL 2000 INDEX FUTURES (CONTINUOUS: CURRENT CONVery strong downward momentum and God willing to continue his strong relegation and achieve good bottoms and can break us a strong call for the future
M2K1! trade ideas
Potential Bullish ContinuationTitle: Russell 2000 Index Futures ( RTY1! ),H4 Potential for Bullish Rise
Type : Bullish Rise
Resistance : 1795.1
Pivot: 1700.5
Support : 1659.8
Preferred Case: On the H4, with price moving in an ascending trendline on the RSI , we have a bullish bias that price will reverse off the pivot at 1700.5 at the pullback support in line with the 78.6% fibonacci projection to the 1st resistance at 1795.1 at the pullback swing high in line with the 50% fibonacci retracement and 78.6% fiboancci projection.
Alternative scenario: Alternatively, price may break the support structure at the pivot and drop to the 1st support at 1659.8 at the swing low in line with the 61.8% fibonacci projection .
Fundamentals: Equities continue to experience a volatile summer trading season as Russell 2000 futures continue to trend lower, giving us a bearish bias on Russell 2000.
Potential Bullish ContinuationTitle: Russell 2000 Index Futures (RTY1!),H4 Potential for Bullish Rise
Type : Bullish Rise
Resistance : 1795.1
Pivot: 1700.5
Support : 1659.8
Preferred Case: On the H4, with price moving in an ascending trendline on the RSI, we have a bullish bias that price will reverse off the pivot at 1700.5 at the pullback support in line with the 78.6% fibonacci projection to the 1st resistance at 1795.1 at the pullback swing high in line with the 50% fibonacci retracement and 78.6% fiboancci projection.
Alternative scenario: Alternatively, price may break the support structure at the pivot and drop to the 1st support at 1659.8 at the swing low in line with the 61.8% fibonacci projection.
Fundamentals: Equities continue to experience a volatile summer trading season as Russell 2000 futures continue to trend lower, giving us a bearish bias on Russell 2000.
M2K - Daytrading - Micro E-mini Future Russell 2000M2K 1 contract Period 15 minutes DayTrading
5 wins/ 6 trades, 83%
Points x 5$, minus 2$ (fess and slippage) by trade
Trades activated on signals at the bottom pane
and or by connecting to Moving averages (Ma)
These Ma are the basics ones :
Ma18-21 red Ma50 green
Ma100 blue Ma200 orange
Stock Market Today, Stuck in This RangeAfter the inflation announcement, the stock market continued its downward trend from earlier this week.
Those who followed yesterday's Nasdaq technical analysis knew we expected price to drop and test lower critical levels. Following that dip, buyers brought all the main indexes back to the top, as seen in the video below.
Trading ranges are characterized by a "tie" between bulls and bears. As such, it's a day of long-term consolidation.
Ping-pong-like price action. When prices rise, long traders sell and leave their positions rather than adding to them. Short sellers will seek fresh positions. When the price reaches the bottom of the range, short sellers will buy to finish their shorts and fresh bulls will start new longs. Traders don't think stock market movements will continue, therefore they depart and gamble on a reverse.
RTY UpdateMFI went oversold this morning, and you can see RTY is coiling.
CPI release tomorrow morning before market open, the market tanked before the last release, so if it doesn't tank before EOD it's a bullish sign.
Normally I would say this is a continuation pattern, but the algos need to fill he open gap. If it breaks upwards then the target is the resistance zone, upper orange line. Plan accordingly.
If you're short, you'll want to bail tomorrow if the market goes green at all. I'm all cash, even garbage will float on a rising tide. Wouldn;t surprise me at all if they pump even shitcoin.
RTY UpdateThis morning's selloff sent all indicators to neutral. Everything was overbought last week in a weird melt up.
ES, NQ, RTY all have similar indicator patterns. I'm hoping the indicators start cycling from overbought to oversold again, because that's the easiest time to make money.
I get the weird feeling we see a bounce tomorrow then only a mild drop Wed, but who knows. Market could completely tank again, lol, but at this point I think 75 is priced in for the next Fed meeting. This week is all about the CPI and market reaction to it. I don't think indicators will matter much.
Really don't feel like trading this week. I shifted my BITO (shitcoin) puts to a lower strike and next week's expiration since BTC tends to tank on weekends and CPI numbers coming out Wed. Just a small play, a couple grand including today's profits.
RTY1! - Russell 2000 Weekly Analysis, 7/11The slightly descending BLACK channel has served as support for several weeks now.
This market like the other major indexes have been consolidating.
We anxiously await a reversal from here and a break of resistance above OR a breakdown with selling continuation.
Support and Resistance structures have been adjusted for your reference this upcoming week.
Wishing you a blessed and profitable week!
RTY UpdateRealigned the overlay, bad news doesn't matter the algos want the gap fill.
Probably staying out of the market for a week or two since it could wind up being a melt up, will still post updates if I wake up early enough
M2K Micro E-mini Future Russell 2000M2K 2022-07-07 Dau trading in 15 minutes period
Trade #1
-Buy on open at 9h30, because the trend is up as the Ma18-21 // (double red lines) is moving up
- No Lmt order used on this trade
- First Stop placed under the 9h15 candle Low
- Next stops are following under Ma12 (turquoise step line)
- Or Stop placed under successive higher lows
- Also may appear a reversal \\// of the signals at the bottom pane, for a possible ending
of this trade, but not necessarily, depending of the protective following stops success
Note that at 14h30 Bollinger-Bands are beginning to rectact
RTY UpdateLOL, i slept in and missed the morning pump. I was all cash.
I think the overlay is a bit too bullish, but I also think the RTY gets a gap fill tomorrow. We could see a possible sector rotation instead of an all out rally.
My play is to short EOD tomorrow, not chasing the pump. Earnings season coming up end of month (EOM), and Fed minutes had nothing positive in it.
Remember the last time the market pumped Fed meeting minutes it was a Thu/Fri pump. I guess the same here.
Russell 2000 Index Futures (RTY1!),H1 Potential for Bullish RiseType : Bullish Rise
Resistance : 1827.6
Pivot: 1752.1
Support : 1681.3
Preferred Case: On the H4, with price moving above the ichimoku cloud and along the ascending trendline, we have a bullish bias that price will rise to the pivot at 1752.1 in line with the overlap resistance, 61.8% fibonacci projection and 61.8% fibonacci retracement . Once we have upside confirmation that price has broken past pivot , we would expect bullish momentum to carry price to the intermediate resistance at 1795.3 in line with swing high resistance and 78.6% fibonacci projection . Should price break intermediate resistance, we would have a bullish bias that price would rise to the 1st resistance at 1827.6 where the pullback resistance, 100% fibonacci projection and 127.2% fibonacci extension are.
Alternative scenario: Alternatively, price may drop to the 1st support level at 1681.3 in line with the swing low support.
Fundamentals: Equities continue to experience a volatile summer trading season as Russell 2000 futures continue to trend lower, giving us a bearish bias on Russell 2000.
Russell 2000 Index Futures (RTY1!),H1 Potential for Bullish RiseType : Bullish Rise
Resistance : 1827.6
Pivot: 1752.1
Support : 1681.3
Preferred Case: On the H4, with price moving above the ichimoku cloud and along the ascending trendline, we have a bullish bias that price will rise to the pivot at 1752.1 in line with the overlap resistance, 61.8% fibonacci projection and 61.8% fibonacci retracement . Once we have upside confirmation that price has broken past pivot , we would expect bullish momentum to carry price to the intermediate resistance at 1795.3 in line with swing high resistance and 78.6% fibonacci projection. Should price break intermediate resistance, we would have a bullish bias that price would rise to the 1st resistance at 1827.6 where the pullback resistance, 100% fibonacci projection and 127.2% fibonacci extension are.
Alternative scenario: Alternatively, price may drop to the 1st support level at 1681.3 in line with the swing low support.
Fundamentals: Equities continue to experience a volatile summer trading season as Russell 2000 futures continue to trend lower, giving us a bearish bias on Russell 2000.
RTY UpdateStill tracking the overlay more or less, but it all depends on the reaction to the Fed meeting minutes this afternoon. Appears that's when it will break up or down.
DUmped my calls, on open. Didn't like the way futures trading looked, actually a couple hundred on EWY but made money on the rest. Glad I flipped because GM tanked right after.
Next time the market pumps garbage stocks, I guess I have to bet on garbage stocks. Asia is a bit unpredictable and transports are weak. Can't just bet on your favorite sectors I guess.
If anything the right thing to do was flip EOD yesterday and short China, lol. PDD down quite a bit
RUSSELL 2000 respecting FIB levels; ABC may reach 1500 vol zone.The smallcaps Russell 2000 futures RTY1! (also the IWM etf), a leading market indicator like the transports, may complete an A=C correction ending in the volume profile zone near 1500. (IWM seems to be consolidating in tranches of 200…ex…230, 210, 190, now @ 170 & maybe 150 around 4Q2022.) This will complete the final wave 5 of C-wave.
As you can see in this weekly chart, Russell 2000 respects impt FIB levels. 2100 zone is Fib 0.236, 1900 is Fib 0.383, the current 1700 zone is Fib 0.50 & the projected 1500 bottom zone will be Fib 0.618, the most likely zone for a reversal.
THE BULLISH CASE: if Russell 2000 holds the 1700 zone, the bounce will be very quick due to the 2 LOW VOLUME zones. The target will be 2100 with some consolidation near the 1900 zone.
Not trading advice
M2K - Daytrading - Micro E-mini Future Russell 2000 Day Trading with the M2k using 1 contract
- Periods set ar 15 minutes each
- Moving averages used :
Ma18 red; Ma21 red; Ma12 turquoise step line; Ma50 blue; Ma100 green; Ma200 orange
- Bottom pane, 3 indicators with each its Ma:
Stoch RSI; CCTBBO; CCIOBV
M2K - Daytrading - Micro E-mini Future Russell 2000M2K Daytrading 2022-07-05 15m periods
Moving averages, Bollinger-Bands and three indicators are used to pulse trades.
As of AMP broker, the fees are calculated at 1.00$/trade (in-out), pl;us I add a 1.00$ slippage.
Not all of these trades, nor none, have been executed.
M2K - Micro E-mini Future Russell 2000Day trading of the M2K - Micro E-mini Future Russell 2000 in periods of 15 minutes.
Win 4 on 4 trades : +301$
RTY UpdateRTY MFI went oversold earlier toady though you can;t tell anymore.
In any case, someone asked me for a target, I'll give you 2. First target is the gap fill, and the pumptarded scenario is the overlay.
I am inclined to take the easy money as you guys know by now, lol.
Russell2000 Eyes Weekly Equality & HVN TestIn this update we review the recent price action in the Russell 2000 futures contract and identify the next high probability trading opportunities and price objectives to target
Potential Bullish ContinuationTitle: E-MINI RUSSELL 2000 INDEX FUTURES (RTY1!), H4 Potential for Bullish Rise
Type : Bullish Rise
Resistance : 1791.8
Pivot: 1701.4
Support : 1643.8
Preferred Case: On the H4, with price moving in an ascending trendline, we have a bullish bias that price will rise from the pivot at 1701.4 at the overlap support in line with the 78.6% fibonacci projection to the resistance at the swing high at 1791.6 in line with the 50% fibonacci retracement and 78.6% fibonacci projection.
Alternative scenario: Alternatively, price may break support structure at the pivot and drop to the support at 1643.8 at the swing low in line with the 61.8% fibonacci projection .
Fundamentals: No major news
M2K Micro E-mini Furture Russell 2000Day Trading 2022-07-01
M2K, 1 contract, by 15 minutes period
Each point value represents 5$.
1) Before 9h30, the signals at the bottom are trending up, positioning a Buy at the open. This trade is closed under the Bollinger High Band.It is providing a move of 13.8 points * 5$, for a winning trade 69$.
2) The second trade is a Short ignated by the inversion of the signals at the pane below. It is closed just over the Bollinger Low Band concurrent with a previous support. This trade produces 22.6 points * 5$ giving +113$.
3) and 4) These trades (Long and Short) are placed during a flat trend. The trades are played between moving averages, Ma200 (orange) and combined Ma50-100 (blue and green). They give : (10.0 points +7.4 points ) *5 for 87$.
5) This last trade is a Long one as the signals at the pane below are starting up from the bottom. It offers a win of 25.9 points *5$ for 129$.
Total for trading 1 M2K contract: +398$
RTY1! - Weekly Market Update, 7/5/22Index Futures traded rangebound this past week, locked between support and resistance.
No actionable ideas at this time, while the bias remains to the short side.
I've adjusted support and resistance structures accordingly for your review.
