RTY MFI oversoldMFI is oversold but it can stay that way for a day or two like last time. RSI is not there yet.
I would find something else to short though
RTY1! trade ideas
Week 13 SHORT Russel, Cocoa, BondsSHORT Russel, Cocoa, Bonds because all are below 30 VWMA on the daily chart and all 3 had an entry at the highest POC on the 1 hour chart on monday.
Looking forward to hold 1/2 of the position till there is a new low on the daily and 1/2 of the position on a trailing stop above prior days high.
RTY Update - Small Cap SellofThe selloff continues.... overlay says afternoon rally and/or gap up tomorrow, but I wouldn't go long until both MFI and RSI get oversold. I think it'll be a bull trap.
RTY OversoldMFI moving up....
You figure small caps are due for a bounce, closed out all my puts, all cash.
Not feeling bullish though. Maybe if we get one more tank, lol, then I have to go long.
RTY UpdateSo much for indicators and overlays, looks like they turned off the buy algos.
No guesses anymore, lol. RSI oversold again, MFI is not.
Russell 2000 Oversold: Look for dip buying tomorrowRTY has hit a key fib band level from which previous rebounds have occurred. The RSI is also at a level from which recent previous rebounds have occurred.
If ES holds 3880 in the Globex, I’m going long.
There's always the danger of a vertical drop given how full of trash (GME, AMC, PLUG, various SPACs) this index has become.
RT_Y Posted this abcd short privately (ran out of ideas to share) , i added it onto chart here for reference, we have 4 hr abcd w engulfing candle and inside bar for a low risk long, but it is right into supply, (clears this bullish) ultimately we see a larger abcd form for a 618 % touch fro long there (in my opinion)
RTY UpdateWent oversold as overlay predicted, similar shape.
Expect a bounce here, may not go as big as last time.
There is no Safe place Anymore..! Winter is coming...All the major indexes show bearish signs!!!
no matter what you are looking at NASDAQ, S&P 500, Dow Jones, Russell 200,3000..!
Russell futures> potential short and long scenarios.This is my set up, for Russell
Obviously a short entry has a better risk reward with 3 potential targets. But I don’t get to pick direction. My bias however is long due to the down wedge and strong supply. Price tends to attracted to strong demand or supply zones.
Have fun! Please give thumbs up and follow if you find this helpful.
Bat Pattern Last looked really bad as i was trying to set a limit order same time, cleaned it up higher timeframe
RTY OverlayOverlays don;t always work. This one is the only one that makes any sense to me, because I expect more whipsaw, lol.
Russell 2000 H4 (Cumulative Chaos)TO buy now but ,Under the zone, sell over the zone, buy commitment to the analysis steps is very important and any new analysis I will publish. Your support keeps us going Thank you
RTY UpdateMFI oversold, RSI not quite there.
Out of all indices, RTY has teh most tendency to go severely oversold or overbought on my indicators, so I tend not to trade it.
Fed press conf at 2pm EST
Small Caps approaching measured move target for wedgeWill likely overshoot to upside and sell near 2400-2500
Russel (RTY) - get ready to shortRussell futures ready to drop.
- upwedge
- overbought RSI
- Riding upper bollinger band for a while now
This is a pretty simple trade plan. Enter short if price breaks lower end of up wedge .
Aggressive entry = on break of wedge
Conservative entry on retest of wedge
Please hit thumbs up if this idea interesting and please leave comment.
Russell Heading to Next Level Up? $RTYLooking strong here. Will we see RTY head up to the next level? I'm not convinced.... yet!
CME_MINI:RTYH2021
RTY OverlayRTY isn;t collapsing like tech, I think it just drifts sideways for a while then hits my IWM target eventually.
RTY: Buy the backtestAfter a successful day for the bulls, RTY has pulled back slightly to retest the fib line in the low 2240s. 2243 is a perfect place to enter a trade given it's very close to a fib stop loss (2241).
Combined with bullish action for BTC and Ethereum, the risk reward favors a long here.
E-MINI Russel 05 MARCH 2021 1443 hrsyou can see the accumulation off of the demand line,
Could mark up here. Looks like it left an accumulation range and is already attempting to M/U.
does not matter though... wait for it to come down and clear that supply zone. If you enter long here, you may be buying right into weakness.
Look for no supply signal on the 5/15.
What is a no supply signal?
Sources of education:
Richard Wyckoff
Tom Williams Volume spread analysis VSA/ Master the Markets
Pete Faders VSA*
Read the ticker dot com
Wyckoff analytics
Dee Nixon
Avoid buying into weakness/supply/resistance
Avoid selling into strength/demand/support
Avoid entry when price is in middle of a range (phase B)
When you set a target and wait for price to get there (proactive/decreased risk)
When you enter a trade when its already on its way to a target (reactive/increased risk)
