Bottom fishing Russell2000 and SPXMeasured-move, swing low, RSI daily oversold, markets overreacting (no reason for bear market). Good setup for bottom fishing.
RTY1! trade ideas
RUSSELL 2000 SHORTAs we could see, the Russel was going sideways many months. Now we break out of the $2107 support this week. And that is very bearish. If the price will further go down and can not come back to its support level, we could have a much bigger correction (15%). This theory is pretty simple to thought, there is no important support line than $1706 because in this price range was mainly a bull run.
RTY UpdateOversold but that doesn't seem to matter anymore. Broke the support line today
If this is a bear flag or any other 2 step move then it appears small caps could tank until the Fed meeting. Then a Fed meeting pump.
Anyone wanna guess what the overlay is? Note, I did not change the time scale at all.
fractal!Very interesting fractal shows that pattern making right now is very similar to 2018 correction seen in RUT.
RTY BullishAs long as it holds the thick blue trend line we should see a nice bullish run. Every time price drops into the 2100 to 2135 zone the buyers are stepping in aggressively and driving price up. Will be going long as soon as the QQE turns positive. Stop just below recent swing low. Not financial advice.
TOP ALERT. Russell 2000Yeah, bruh. That's a top without funny money to help the pump. Watch for a 30% fall from the highs into buy zone #1. This would officially make this a crash but there is nothing saying it will stop there. This is just a technical zone. Follow me on Twitter for more. Or don't. I don't care.
RTY UpdateMFI and RSI now oversold. Same with ES and YM. NQ RSI is not oversold yet.
I'd wait until teh market gains a little traction before going long though. I think the market gaps up and closes the gap tomorrow, so I might wait until tomorrow morning.
Critical Juncture ?!?a clear break of support should see a much deeper correction!!! Be careful! No time to be reckless!!
RTY One Hour Long IdeaThe RTY one hour time frame is still in a down
trend. The market is making lower lows and
lower highs. According to the daily time frame.
The market is expected to push bullish towards
2314.5 about +1,412 ticks above the market. It
will be a good idea to wait for the one hour time
frame to break the short term down trend line
and enter into the buy zone. Before looking for
long ideas.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone.
LIMIT: 2314.5
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
Destination trader long opportunities.
1790 Ticks bullish opportunity RTYRTY E-MINI RUSSEL 2000 is at the support area and support seems to be holding we just waiting for the U-turn wants or if we get the counter trend line break into buy zone that will be our entry signal
entry === counter trend line break into buy zone
stop ====2092.6
limit====2294.2
trade safe
RTY MFI oversoldLooking like an inverted H&S. I would expect small caps to fill teh gap before heading up though because they usually do
RTY UpdateFunny, NQ was the only index to go overbought but small caps look weak AF. Garbage stocks dropping again if you're a bearish trader.
The Curious Relationship Between the /RTY and the /NKDThe Russell 2000 futures and the Japanese Nikkei futures have correlated really well for months. I think if one breaks, the other will follow.
RTY One Hour Long +1,412 TicksThe RTY one hour time frame is in a down trend.
The market is making lower lows and lower highs.
The larger time frame shows the market should
push bullish towards the monthly up future
resistance price point 2314.5. It will be a good idea
to wait for the one hour time frame to break the
down trend line and enter into the buy zone
before looking for buying ideas.
Entry: Counter trend line break bullish in the
buy zone.
STOP: In the sell zone
LIMIT: 2314.5
Once or if the market enters into the buy zone.
It will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long ideas towards 2314.5
RTY: some ways to go.Markets are getting jittery with the fed talks and all the bad news. But this also can bring in a flash rally with any optimistic news. RTY is my leading indictor to what is coming for the broader markets. Here is my thoughts on what I see now.
watching for short entry in to Tzatry watching for a short entry on Tza
god it's annoying TV requires a lengthy description. These charts are time-consuming enough.
Small Caps are Close to a Local Bottom Most Likely (2 cases)Small Caps are Close to a Local Bottom Most Likely
With 2 cases, one is more bearish/bullish than the other...
Small Caps are Close to a Local Bottom Most LikelySmall Caps are Close to a Local Bottom Most Likely
Let's see if Monday will be the day it stops sliding
RTY UpdateMFI almost overbought, much like NQ
Don;t chase the pump, probably should be looking at cashing out soon if you;re long. I would not hold a long position over the weekend
There is the chance that RSI also need to go overbought but I wouldn;t count on it
RTY - Millennium Tower IndexThe Russell 2000 continues to expend energy in a large Range which
remains in a weakened condition.
2282.50 was rejected.
There is little to support this as the Parking Lot is being vacated.
Small to Mid Caps are not faring well in the present Environment
with little reason to Position for 2022.
Slowly Sinking into a LArger Sell is ahead after the next Retracement.
___________________________________________________________
RTY / M2K will Ourperformi to the Downside.
E-mini russell 2000 buying opportunityRTY in an uptrend it will be a good idea to wait for a low price at a known level of U-turn on the trend line wants or if we get a counter trendline break we can execute our buy trade towards price point 2320.2 fib 0.618 ext.
ENTRY===counter trendlin break
LIMIT=== 2320.2
STOP===2219.3
TRADE SAFE
