Russell 2nd short target @ 1:1 extension of prior correction hitFirst target the 38% extension was hit yesterday, today the full range of the prior up moved added below the swing low was reached Taking here some profits...Shortby responsibletrad8r0
My favorite color is RED..!I prepared all my followers for this and convinced them to sit on Cash, Buy inverse ETFs, and Short The market..! My followers are the happiest traders today. and I am happy to see their smiles on the worst days of the market..! Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: I have lots of technical and fundamental reasons that this correction will be different and is going to be more than 10%, you will see the technical reasons in my charts. Let’s review the fundamentals: 1- The most important factor is limiting margin for hedge funds by banks, after Archegos capital management phenomenon..! 2- The Buffett Indicator was at elevated levels before the dotcom crash of 2000 to 2002, and before the financial crisis of 2008, but at respective values of 137% and 105%, lower than today's reading of 157%.(Stansberry research) 3- Americans are now holding more money in stocks than ever before... and that includes the peak of the dot-com bubble. The data is from JPMorgan Chase and the Federal Reserve. It includes any stock that folks may hold in 401(k) accounts as well. Right now, 41% of our financial assets are allocated to stocks. Again, that's higher than the dot-com peak of 37%. 4- Constant money out flux since early 2021 which decreases the trading value in more than 95% of stocks! 5-Margin debt stands at $822 billion – an increase of more than 25% since September of last year.(Stansberry research) Conclusion: Any factor that limits new money influx will have negative effects on markets, and Bubbles always burst when they have their biggest size! To protect your capital: *Use tight stop loss even for your long-term investments. ** Hedge your positions using inverse ETFs like SQQQ, SPXU,… *** Always accept the loss when it is small, if it becomes bigger it will become harder to accept! Moshkelgosha If you are interested to have early access to my trading ideas, check the signature box below the post for more information.Shortby Moshkelgosha1113
What's the Russell 2000 telling us ? Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes. Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they aren't going to stop going down or have finally found a bottom, then you may have been wondering when things might turn, and we begin seeing our portfolios going back up, and we can more aggressively hunt favorable long entries that show indication of stabilization and turning to add to our position. Well if this chart is any indication I'm starting to think the time may be soon. I'm starting to see some double bottoms coming in on price and indicators, granted it is as the top of price action. It does look like price action has broken out of a potential Head and Shoulder Pattern and will be invalidated at the areas noted in chart. Some fundamental considerations: Inflation fears particularly impact small caps and their cost in production. Possibly, there is a momentary pause on new money coming in from recent retail investors who have entered small cap positions in the past on the hype and Robinhood usability. Perhaps their retail money has been temporarily redirected to a more enthusiastic and euphoric crypto market? It will be interesting to keep an eye on the Russell to see if any sharp down turns-or more euphoria- in that space impact the 2000's trend. Appreciate sharing of different perspectives on my analysis or sharing of your own. Thanks for stopping by. Happy hunting. RUSSELL:RUTby CryptoughUpdated 331
Buying Russell2000 on 1h counter trend line break bullishRussell2000 is in uptrend on Daily. Bounced off daily up channel support trend line. Buying on 1h counter trend line break bullish in the buy zone. R:R 1:83. Target - 2320. Stop - 2198by ICTTradeTacticsUpdated 0
US2000USD (Russell) - LONGThis appears another nice buying opportunity in the RUT. RVX (Russell Volatility is not breaking out to the upside) Dollar remains weak, commodities strong. Nothing in the cycle has had a meaningful change yet, nor has the LT trend. This appears another higher low in the cycle.Longby bitofamacromanUpdated 0
RUT H&SBeen a month since Im eyeing possible H&S on RUT Right shoulder just materialized. I will enter TZA on the eakness.Shortby abigreen0
RUT H&SA month ago I posted a chart showing potential H&S on RUT The right shoulder formed clearly now, making a nice entry with short position. Im in with TZA since Monday. Shortby abigreen1
RUT - Russell 2000 on decline? - sharp drop and reverse in play! Wolfe Wave on 15min - sign of a massive quick drop to support a final major trend reversal a massive Bat harmonic on DAILY needs to finish divergence on H&S top on major time frames similar H&S structure to Feb/March 2000 drop BLACK SWAN? - a Russia(Belarus & Turkey) WAR against Ukraine Shortby GotmarUpdated 1
Russell 2k - LONGLower bound of calculated range on price and volatility, potential nice wave pattern forming. Needs a little room its been the laggard of the indices, but so so was Nat Gas or XLK for a while, then kapow, the vol sinke and the consolidation ends and the rally ensues. Patience is key. Will post update with SL and another chart, we had our fill in futures at 2211. Todays calculated range 2229-2271. Also, SPX implied vol premium is high while it too is near the low end of its calculated range. These are positive or bullish signs. Longby bitofamacromanUpdated 1
Russel is lagging but may reach 3,000 Russel 2000 does not demonstrate strength yet, and the most probably scenario - it to go towards 2,000 level first before the uptrend resumption. That will be a perfect level to buy in with target around 3,000 which is the upper line of multi year channel. If the wave count is correct, then we are in the 4th wave, which should be a zig-zag, as per rule of alternation since wave 2 has a flat structure. So, one more leg down is missing, and we can see that price is experiencing problem with making new high while S&P500 and Dow are rising. Longby Kupitman2
US2000USD: RUSSELL Elliott wave and chart pattern analysisThis possible Elliott structure is for your consideration Trade according to YOUR PLAN. by wolffarchitecture223
RUT Triangle forming --- breakout or breakdown coming?RUT has been in a wide trading range, triangle is very clear, looks to come to a breakout or breakdown soon. Which way? Iron Condors these past 2 weeks have been profitable.by oslohongkong20200
Russel 2k - LONGEarnings and growth accelerating across the board and expect it to continue combined with a nifty little 1hr correction or pullback may present a nice opportunity for entry here.Longby bitofamacroman0
Russell 2000 Holding the 50-day SMAThe Russell 2000 had a strong move coming out of the vaccine news in November. It’s been consolidating for the last two months and now may be ready to continue higher. The main thing jumping out of today’s chart is the 50-day simple moving average (SMA). RUT tested it in early March and has chopped on either side of it since. But now prices are trying to hold it as they squeeze into a tight range. Second, notice the relationship with the 10-day SMA, which is rising up toward the 50-day SMA. Other times when it crossed above in May and October were followed by periods of strength. Finally, notice how the MACD histogram has inched back from bearish toward neutral. Like the 10-day SMA versus the 50-day SMA, it hasn’t crossed yet. But it could be worth watching. Overall, the data seems to be confirming the economic recovery and restrictions are loosening in various jurisdictions. Small caps have been one of investors’ favorite ways to position for that reopening trend, so buyers may return as the summer approaches. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.by TradeStation119
inside trend breakout!we are overall in a sideways market on a bigger picture, however we have a inside trend breakout. Longby BLADE_INVESTMENTSUpdated 0
Buying Russell2000. Buy stop @ 2264,50 for RR 1:2Russell2000 is moving up on daily. On 1h chart it bounced off channel support. The target is 1h up fib 1,618 D extension. Stop below recent ABCD A.by ICTTradeTactics1
RUT Bullish wave (5) RUT daily chart shows small caps is setting up for a wave (5) rally that could reach 2528. Up to the daily time frame and above, the RUT remaining bullish against the wave (C) support level at 2100 for now. We are interested in establishing long positions like a bullish vertical that expires in May 2021. Longby wallstreetsharks0
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 #US2000by Happy-Lion221
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 cardsShortby chris.weston4
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.by ICTTradeTactics0
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 If you like my idea, Please follow me. Thank youLongby abigreen5