4 May 2020 swift evaluation of RUTA swift evaluation is conducted based on a single day without look back.
RUT is currently in a bull trend.
Prices are trading in a range of approximately 38.7 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1240.05 - 1287.89.
Prices are consolidating between 1234.01 - 1281.08.
If strength and trend continue, RUT is trying to reach 1279.78.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1205.92
The trend moving average: 1237.33
------Additional Comments:
RUT hit the SAR yesterday - this generated a bearish signal, could see a movement toward 1246 before moving toward 1282
