Small Caps are not OverboughtWhile small caps have been one of the best performers lately, they are still far from being overstretched on a relative performance basis . Reopening of the economy in the 1H of 2020 can reaccelerate the outperformance of the cyclical components while stocks that have been leading during coronavirus will lag behind.Longby AlphaHack1
RUT End Of Week Evaluation*** Comments prior to evaluation summary *** Trade carefully this week. The Stochastic on multiple time frames 98 or greater. While yes there is room for upward movement, this generally indicates possibility of a stall or trend change. Trend Analysis: The current trend is defined by the last price and it's relationship to specific moving averages. Check the MA strategy for more specific suggestions. Weekly: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest long positions Price Action: Weekly: The average price range currently is 79.88 points/ticks/pips. Prices are currently 4.28x the normal trading range. Prices are equvialent to 4 or more days away from the trend average. Prices can suddenly stall and move sideways while awaiting the averges or transition directions suddenly. Prices have broken through the high value of the consolidaiton range. Standard Deviation Weekly: Standard deviation suggests a range from 1914.02 to 2269.28 for the following week. Calculated Price Strength: The strength of the trend in conjunction with specific averages. News announcements can change the strength and directional attitude. Weekly: Trend strength suggests trading between a range of 2091.66 to 2202.05 for the following week. Price Projection: The price action has generated a projection signal for the underlying. Weekly: Price currently displays (if strength and attitude continue) a desire to move toward 2141.02 If strength and attitude continue, it could take between 5 to 10 trade periods (weeks) to reach the projection. Indicators Summary. A collection of technical indicators whose directional attitude has been summarized. Weekly: Out of the cumulative indicators monitored, 100.00% are bullish, 0.00% are bearish, 0.00% are neutral The CCI indicator trading strategy suggest the following: Weekly: Very strongly bullish - long entries. Confirmation Signal 6 indicators combined to confirm entry/exit. Weekly Bullish - Open directional trades by priceprophet0
The Crash was anticipatable !!One of the beautiful theories that I've learned and I want to share is the Dow theory Non-Confirmation . Using specific pairs of indexes and reading them in comparison , as a technician that uses momentum oscillators I like to see disproportions and divergences and if we apply what we know to this study we'll find that the Dow Theory Non-Confirmation is all about this logic , we see in this pair of RUSSEL 2000 and S&P 500 that a non confirmation happened just before the crash and happened after it , it's a divergence between tops and bottoms . While the S&P 500 succeeded to create a new high the RUSSELL 2000 shows us a Lower high and an exhaustion this could be a great signal for those who like to short the market or for buyers to keep an eye on their positions . For the second one that happened just after the crash you'd see that the market continued his trend to create historical highs but it was also an opportunity for Investors and Traders ! . What differentiates them ? . Here a technician can make good of his knowledge and create a complete setup , for me using just classic resistance and support approach we see clearly that while in the first non confirmation case we got a Support broken at RUSSELL 2000 exactly the same time market has just broken an UPtrendline in S&P500 which is a bearish Confirmation for the figure and a complete setup , Other technicians can find other premature signals that's the beauty of technical analysis . So what about the second non-confirmation setup ? we have exactly the inverse situation we got market that find support on an old high of the RUSSELL 2000 and the S&P500 also on his uptrendline , it was a complete setup to Go long . I suppose that I didn't give something new for some experienced Traders but it could be useful for other , for me I see Beauty .Educationby mindvest333
Russell 2000 Index, Weekly Daily Chart Analysis For Jan 4, 2021Technical Analysis and Outlook The small-cap Russell 2000 was the big star this week with a decent 5.9% gain. The index on its way to Key Res $2,112 , and our Inner Index Rally $2,140 respectively, also, Outer Index Rally $2,180. The short term downside support is tapped at Mean Sup $1,950 providing an excellent ball out buying opportunity. To continue the rest of the market story, see the 'Weekly Market Review & Analysis For January 4, 2021" at the usual site.by TradingSig332
US2000 RSI divergenceUS2000 shows RSI divergence on the daily chart. In my opinion the price will fall to February 2020 highest price around 1700. Open: Market open SL: 2155 TP: around 1700Shortby LszlRakonczaiUpdated 220
Magic Trend: Trade with Confidence!Access to this code is strictly reserved for trainees and friends.'by peaco3
#Russ2K transitando canal correctivoluego de un swing impresionante descansando un poco toco el 0,5 del retroceso de FIBO PLaneta Tradingby chechotrade112
Russell 2000, counter trend shortStill bullish long term but there's a high reward short signal Confidence -> medium/lowby HelloGuy0
Look at this Russell 2000 chart on the weekly.At level 2000Yes the US2000 is at the 2000 level. physiological level for sure. Looking like its time to let go some profits or will this bull market continue.Shortby ForexBudgie0
Russell 2000 index is fighting against 3 major resistanceslet's see what happens the next week maybe a correction is coming, what do you think?by ArticoloQuinto1
Ponzi scam end gameTrump doubled his investments and now he's leaving us with huge debt that average Joe will have to pay for. Those that went long since October, I salut you. With the new office, I believe we'll discover a lot of shady stuff that will make serious correction in the market. Im beginning to short Russel 2000 with TZA by abigreenUpdated 334
TZA?I believe this chart is self explanatory. I'm suggesting that it would be a good time to scoop up some TZA Shares. Please comment and let me know what your thoughts are. This is not investment advice. Shortby darrenlall2
RUT Russell - even bigger BUTTERFLY harmonic at the 2000 TOP? bear butterfly harmonic in play increased volatility in this levels recent major pull back Shortby GotmarUpdated 3
US2000USD: RUSSELL 2000 correction COMMINGUPDATED COUNT looks primed for CORRECTION HOW upcoming STIMULAS DEAL will affect COUNT ?Shortby wolffarchitecture2
Russell RUT - BUTTERFLY harmonic pattern - 1988ATH TOP reversal? Russell ATH 1988 day 1m chart exact HARMONIC BUTTERFLY 0.886 & 1.27! long waited reversal day? Shortby Gotmar221
Russell RUT - major trend reversal area 1980 -2130? Russell a second major UP trend leg almost done reaching top of a major channel - possible resistance point by Gotmar1
Russell 2000, Medium confidence Short Short setup at Resistance 1 & Resistance 2, better to enter at resistance 2 See chart Confidence: Medium/Highby HelloGuy0