RTY1! - Weekly Market Update, 8/8/22Russell Futures completed countertrend BUY signal as per Ideal entry, stop and target imaged on the chart. Support and Resistance structures have been adjusted accordingly for your reference. Wishing you a blessed and profitable week ahead.by SpecialeAnalysis0
Will RTY Daily Resistance Hold?The RTY daily time frame is in a down trend. The market is hitting the down trend line. At the same time the market is hitting an up Fibonacci extension price point 1890.50. Usually when this happens. The market has a bearish reaction. If the market continues to push bullish and breaks the down trend line. It will be a strong sign the buyers are taking control. If the market cannot break and close above the down trend line. It is expected the sellers are taking control and will push the market back down. As long as the market stays below the daily down trend line. It will be a good idea to turn to the one hour time frame and to look for high prices in the sell zone. Shortby JoshuaMartinez334
RTY1! - Weekly Market Update, 8/1/22Russell 2000 Futures post a countertrend BUY signal ... Ideal entry, stop and target imaged on the chart. Support and Resistance structures have been adjusted accordingly for your reference. Wishing you a blessed and profitable week ahead.Longby SpecialeAnalysis0
HOD today, so far, is the POC from range 5/26/22 - 6/10/22See if this HOD holds and if so, I expect more downward pressureby OutsideInTrader1
RTY: Top of the Channel ShortSeems like we are re-testing the top of the channel; good place for good return/risk ratio to target bottom of the channel. Fundamentally, Russell should be strongest of the major indicies - being longest dollar (versus more internationally exposed names in S&P500 and NASDAQ100); technical targets are somewhat the same across the 3 indices; each targeting 14-16% downside from here assuming the floor breaks.Shortby quantitativetendiesUpdated 0
RTY UpdateOverbought again after the morning dip, looks like a melt up and 4 day short squeeze so not shorting anything at the moment aside from the put leg of my BITO strangle. Calls are now in the money so hopefully crypto goes pumptarded on Ponzi payday Friday. I'm 75% sure this is a melt up, but if you're long I suggest some protection.by hungry_hippo6
7/27/22 Breakout of mid and Long term balanceWill watch today for acceptance or failure out of mid and long term range.by OutsideInTrader1
M2K Swing trading Micro E-mini Future Russell 2000M2K 2022-07-25 Swing trade M2K 1 contract Trend - At the pane below, all indicators are beginning to reverse to a down trend - All the moving averages (Ma-18-21, 50, 100, 200) are trending down, and in a synchronize inverse order Special condition -The result reports of many big companies may influence this trade Orders - Short executed for 1 contract of the Future M2K, at 15h59 July 25 2022 - Stop order waiting placed over the recent high - Lmt order waiting near the Bollinger-Low-Band Money in play - If stop exec -168$ (1817.0 - 1851.0) *5$ * 1 ctr minus 2$ (fees, slippage) - If Lmt exec +578$ (1817.0 - 1701.0) *5$ * 1 ctr minus 2$ (fees, slippage) Shortby Wyn-TraderUpdated 1
Current Range PreFOMC morningHere is where we are prior to FOMC. Will FOMC move us out of current range?by OutsideInTrader1
M2K - Daytrading - Micro E-mini Future Russell 2000M2K 2022-07-26 15 min Daytrading 3 wins / 4 trades +100$ Each trade is explained on the chart by Wyn-Trader1
RTY UpdateNQ is tanking but RTY has more of a wave 4 type pattern, so small caps probably rally on the Fed tomorrow. MFI hit oversold, but the index didn't sell off much. IWM has a bullish pattern on the daily and intraday. Small caps are relatively strong despite most garbage and retail stocks being in the category. Strange. Anyways, bullish on small caps tomorrow for the usual Fed pump. Will wait for tomorrow and day trade I think.by hungry_hippo118
So Far, we have returned and are staying in BalanceWe rejected higher so far, how far lower do we test?by OutsideInTrader331
RTY Daily down channelThe RTY daily time frame is in a down channel. The market is at the top of the channel. If resistance holds. The research says to expect the market to push bearish towards the bottom of the channel price point 1554.6 about -2,620 ticks below the market. It will be a good idea to wait for the market to close below the short term up trend line before turning to the one hour time frame to look for selling ideas towards the bottom of support. Shortby JoshuaMartinez111
RTY1! - Weekly Market Update, 7/25Dow futures remain contained this week by the GREY channel formation. Channel structures have been adjusted accordingly for your reference. by SpecialeAnalysis0
No Breakout, Back into RangeLook above and fail to breakout of past large balance area by OutsideInTrader1
Daily RTY , Do We Breakout?Todays close should give clues if we breakout or if we return to balance.by OutsideInTrader1
Look Above the Range, and Failing, So FarBack into range is what I am expecting, possibly new lows by OutsideInTrader0
RTY - Will We Break Out of Range or Fail Back Into RangeI am waiting to see if we break out of range or fall back into range.by OutsideInTrader0
RTY UpdateRTY hit my first target, overbought on RSI and MFI along with NQ and ES Funny thing is, I totally called market direction wrong on open, but made money by picking the right stock. That's the opposite of what usually happens to me when I call the market direction right but pick the wrong stock, lol. PDD is still red and looks like crap. Not expecting a tank but I do expect at least a dip tomorrow because everything is overbought, TSLA earnings tonight, ECB tomorrow morning, and Thu is usually the weakest day during a bull run. Chinese ADRs look pretty weak, will go down further with the market if it reverses here. And oh, BTW, the gap filled as promised, lol. Keep an eye on futures gaps. Only works for US indices though.by hungry_hippoUpdated 229
Russell To Rollover From 1830'sIn this update we review the recent price action in the Russell2000 futures contract and identify the next high probability trading opportunity and price objectives to targetShort00:43by Tickmill2
RTY UpdateRSI overbought but it's obviously going for the gap fill I guess I should've stayed bullish, lol. Wasn;t really sure yesterday. I was expecting a gap down then up move yesterday and the market did the exact opposite so left me a bit confused, lol. Missed this Ponzi Tuesday rally, not gonna chase it at this point. Gonna stay cash and wait until NFLX and TSLA earnings tonight, hopefully they tank the market so we can buy the dip. Bullish until RTY gap fill. by hungry_hippoUpdated 889
Nasdaq a leading indicator of Dow Jones, S&P and RussellHow to use related markets to complement each other? Definitely you can apply this technique to other related markets. In this tutorial, I am seeing Nasdaq as a leading indicator for the rest may likely to follow. i) Nasdaq bear trend was nicely formed, but not yet for the Dow Jones, S&P and Russell. ii) Nasdaq in the short-term has also a confirmation for a rebound, and I believe the rest of the indices likely to follow subsequently. Discussion: • Drawing primary and secondary trendline • Nasdaq has broken above, the rest should catch-up, why? Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. Feel free to leave any comments below, I love to exchange ideas with you. Editors' picks08:05by konhow1818228