US2000 RUSSEL POSSIBLE HEAD & SHOULDERS !!!Hi,
There is a good opportunity, IF everything goes on what we see in the chart, to get risk/reward ratio on #US2000
US2000 trade ideas
RUSSELL 2K for a move to 2k?Small caps have underperformed of late and price action in the Russell is testament to that. We've seen three bearish outside days this year, and granted the sample size isn't huge - a function of viewing this on the daily - but in the prior two episodes, we saw the index fall around 9.5% on average in 7 trading sessions. With bond yields creeping higher, amid ISM manufacturing and NFPs due this week, will small caps continue to see outflows? If we see follow-through and price through yesterdays low then 2k could well be on the cards
Buying Russell2000 on the break of 1h counter trend line breakRussell2000 is in uptrend on Daily chart. It broke above 1h down channel resistance line and got into BUY ZONE on daily. On 1h it is starting to move higher. Buying Russell2000 on the 1h counter trend line break bullish in the BUY ZONE. Target - 1h fib ABCD D extension. Stop = below current 1h fib ABCD A.
Russel may be at the last push before reversalLast leg down closed bearly higher then the one before, I can see steam running from it.
It may be making hourly H&S, so watch for it.
Spy and QQQ will go higher before reversal, but if I see weakness in RUT over next 2 weeks it will be a sign for me that general market reversal is near.
For next week I think will go up.
I took large position with TNA on Friday before that crazy green candle was printed, so Im going to swing it for next few days.
Good luck everyone
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Thank you
Today the russel was much stronger than the other marketsI am trying to find a valid entry method even if the hourly bar does not close above the POC.
On the Russel the reversal was clear, the new now was immediatly bought.
So entries on reversal area much better traded on the lower 5 min time frame anticipating a trade above the POC.
Weekly Analysis for #RUT for 15-19 March 2021Trend: Daily/Weekly/Monthly: Up/Up/Up
RUT is strongest of the 3 US indices. Expect rotation to continue and RUT to lead. I don’t and can’t call tops. But some signs point to pullbacks. 3 possible scenarios: 1) As long as 2363-77 resistance zone holds, look for shorts targeting 2259-91 support zone. This zone should hold for a next leg up, to 2435-51. 2) We have a fast rally from open to 2435-51 resistance zone, by Tuesday or Wednesday, where we see a sharp rejection for a strong move down to 2259-91. 3) We open in Globex and sell off start, targeting 2227 before a bounce to 2259-91 and further selling to 2147 IMO, scenario 1 is most likely.
RUSSELL 2000 is leading S&P 500The RUT/S&P 500 ratio’s monthly, weekly and daily charts are presented. ___
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
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The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
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Swing Trade Russel, still long but trying to exit at double topEntered the daytraded above a green 1 hour bar above the POC line, exit not on a trailing stop but with limit order at the top of a large red 1 hour bar...
US200USD: RUSSELL 2000 updated COUNTShort-term = SHORT.
Mid-term = LONG.
This is my PERSONAL trading CHART, with no further educational explanations.
BUYING STRATEGY: Take 50% profit at 50% of previous WAVE (just do it) and place stop at purchase price.
IF price reverses lower YOUR EVEN,.... IF price continues UP-TREND then, re-buy at NEXT CORRECTIVE WAVE.
This is actually a very aggressive strategy for going in early that is why 50% "hedge" PROFIT is taken EARLY in the TRADE.
Combining ELLIOTT WAVE and THIS strategy , has SAVED my account 3-TMES during the past 3-weeks.
Russel bounced of prior support after NFPLooking forward to exit at prior POC and then either short or long depending on how price behaves on new POCs
Shoulder, head, shoulder formation Hi,
From the technical standpoint I noticed the SHS formation.
Be aware.
What do you think?
Please comment.
Its time to buyThe chart is formed falling wedge patthern.
I think it will be a strong bullish the next weeks.
Russell 2000 into New PeaksRussell 2000 is trading bullishly inside a huge channel. Moving into lower timeframes, price is above MA200, looking for buy setups.
If you like the idea, support us with a like and follow !
MacroForex
Russell 2000 hitting channel resistance plus bollinger bandsThis is nearing the end of the bull run. The coinciding successive bollinger band breaches to the upside on the monthly right at long term channel resistance spells one major leg down coming up shortly.
Russel vs Silver Ratio on Monthly ChartMust wait for this ratio to turn back down.. and silver will temp to melt-up and surpass it's all time highs. Notice the upwards channel silver is in as defined by the Russel vs silver ratio acting as an oscilator.
Should be another LONG entry on the russel on US market opensPullbacks / Breakouts on POC Level provide low risk entries...
US-MARKETS : CORECTION NEARNG COMPLETIONDuring CORRECTIONS it is inciteful to create a CHART, where YOU can watch ALL the INDICES at once.
This is my PERSONAL trading CHART, with no further educational explanations.
IF you get it, YOU GET IT, if you don't, YOU DON'T. I really don't care.
We use ELLIOTT WAVE theory to determine WHAT we are looking for, (i.e. TOP or BOTTOM). THEN technical MULTI-TIME-FRAME Indicator analysis
To fine-tune to what extent price will and when. Enter and exit TRADES in steps ... NEVER go all-in or all-out at ONCE.
US-MARKET CORRECTION NEARLY COMPLETEDuring CORRECTIONS I find it useful to create a CHART, where YOU can watch ALL the INDICES at once.
This is my PERSONAL trading CHART, with no further educational explanations.
IF you get it, YOU GET IT, if you don't, YOU DON'T. I really don't care.
We use ELLIOTT WAVE theory to determine WHAT we are looking for, (i.e. TOP or BOTTOM). THEN technical MULTI-TIME-FRAME Indicator analysis
To fine-tune the expected move in terms of PRICE and TIMING. Enter and exit TRADES in steps ... NEVER go all-in or all-out at ONCE.
