US2000 SHORT: A Quantitative AnalysisNet sellers trapped :20
Cumulative quantitative power: 3700
signal: enter sell with the above parameters.
RUT trade ideas
is it time for the small-cap to catch up?Please note: just sharing my view. its not a recommendation for buying or selling
RUT End Of Week Evaluation*** Comments prior to evaluation summary ***
Week ending May 1, RUT broke the SAR and targeted 1383.76. High this week was 1330.109, displaying room to the upside.
However, like the SPX - be cautious if the optimism drains from the market.
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 bearish . The price in relationship to the other averages suggest close current positions.
Price Action:
Weekly: The average price range currently is 103.50 points/ticks/pips. Prices are currently .42x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 966.216 and 1396.25.
While in consolidation the trade range may decrease to 63.653999999999996 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1093.835 to 1565.442 for the following week.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 1265.67 to 1393.60 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 1361.9
If strength and attitude continue, it could take between 1 to 2 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, 36.36% are bullish , 36.36% are bearish , 27.27% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Bearish - cover shorts.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Suggested stops base on weekly chart:
SAR value at: 974.36
In consolidation and bearish (Consolidation High + (ATR * .5)): 1396.26
Close - (ATR * 1.5) at: 1329.638155.25
RUT signficant resistance ahead The same predicament exists in the RUT as the SPX. Is this 5-wave impulse currently labeled as wave (B) actually all of higher degree wave (2)? A move back below 1200 suggest the shown count is correct. We are looking for a completion of wave C with a decline lower towards 1000.
5 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 37.98 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1250.04 - 1296.98.
Prices are consolidating between 1234.01 - 1302.45.
If strength and trend continue, RUT is trying to reach 1250.79.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1216.54
The trend moving average: 1241.77
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
Juiciest Short. Why Russell has 54% rotted-out sectors inside. Another multi-disciplinary, cross-asset class approach to looking at a pig painted up for a pageant...The Russell.
We xplore the basic technicals, the STRONG SIGNALS inside the RUT...and OUTSIDE THE RUT.
We still think this has the most downside out of all the equity markets...
Think otherwise ?
We'd love to hear your logical and data-driven story...
Russell 2000 Index, Weekly Daily Chart Analysis For April 27, 20Technical Analysis and Outlook
The small-cap Russell 2000 index gained 2.2% for the week. The index hit our uptrend movement projection to Inner Index Rally $1,365 and Key Res $1,350 , respectively, on April 29th. The short term downside support is tapped at Mean Sup $1,250 and prone to go down to Mean Sup $1,185 before thrusting the retest of the Key Res $1,360 .
RUT End Of Week EvaluationTrend 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 bearish. The price in relationship to the other averages suggest hold current position but prepare to close, ensure stops are placed.
Daily: The relationship to the primary trend MA is bullish. The price in relationship to the other averages suggest hold current position but prepare to close, ensure stops are placed.
Price Action:
Weekly: The average price range currently is 100.242 points/ticks/pips. Prices are currently 1.219x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
Prices are currently caught in consolidation between 966.215 and 1396.245.
While in consolidation the trade range may decrease to 61.8 points/ticks/pips.
Daily: The average price range currently is 39.50 points/ticks/pips. Prices are currently .62x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices have broken through the low value of the consolidation range.
Standard Deviation
Weekly: Standard deviation suggests a range from 997.514 to 1468.593 for the following week.
Daily: Standard deviation suggests a range from 1190.16 to 1330.801 for the follow on trading day.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Weekly: Trend strength suggests a trade range of 1198.53 to 1322.43 for the following week.
Daily: Trend strength suggests a trade range of 1236.07 to 1284.89 for the following day.
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 first toward 1179.23 before moving toward 1383.76
If strength and attitude continue, it could take between 2 - 4 trade periods (weeks) for the first projection and 3 - 6 to reach the second projection.
Daily: Price currently displays (if strength and attitude continue) a desire to move first toward 1236.27 before moving toward 1219.58
If strength and attitude continue, it could take between 1 - 2 trade periods (days) for the first projection and 1 - 2 to reach the second projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Weekly: Out of the cumulative indicators monitored, 27.27% are bullish, 45.45% are bearish, 27.27% are neutral
Daily: Out of the cumulative indicators monitored, 60.00% are bullish, 10.00% are bearish, 30.00% are neutral
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - No entries at this time. If in, consider covering..
Daily: Bullish - cover longs.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades
Daily Bullish - Open directional trades
RUT Month End EvaluationTrend 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.
Monthly: The relationship to the primary trend MA is bearish. The price in relationship to the other averages suggest short positions
Price Action:
Monthly: The average price range currently is 159.98 points/ticks/pips. Prices are currently 1.16x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a healthy trading range.
While in consolidation the trade range may decrease to 98.262 points/ticks/pips.
Standard Deviation
Monthly: Standard deviation suggests a range from 1187.87 to 1433.46 for the following month.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Monthly: Trend strength suggests a trade range of 1211.79 to 1409.53 for the following month.
Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Monthly: Price currently displays (if strength and attitude continue) a desire to move toward 956.22
If strength and attitude continue, it could take between 3 to 6 trade periods (months) to reach the projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Monthly: Out of the cumulative indicators monitored, 9.09% are bullish, 90.91% are bearish, 0.00% are neutral
The CCI indicator trading strategy suggest the following:
Monthly: Strongly bearish - short entries.
Confirmation Signal
6 indicators combined to confirm entry/exit.
Monthly Bearish - Open directional trades
"Nobody Could've Seen this Coming" Is a Horse Sh1t Wall St. LieI was monitoring this ratio throughout 2019. Anyone following this could've seen that Gold was beginning to take US stocks's lunch money.
You can clearly see that US stock outperformance over Gold ended in late 2018. You can then see that a series of lower highs and lower lows were formed, and you can also see that multi-year rising trend support was violated with volatility behind it.
The trend already started, if you're late to the game, hop on now. Gold is going to outperform EM equities and US equities for YEARS.
It's my view that 1250-1300 (25%) is the max potential drawdown for Gold. For the S&P 500 and the Russell, the max drawdown is closer to 60-90%(!!!)
We are entering an extremely serious debt deflation. I like US Dollars and Gold as my two biggest allocations.
Also, if no one told you yet, stay the hell away from USO
US2000USD most likely to retraceHi Traders
US Russel 2000 is looking to come down now. This is the 4 chart and Hitman is signaling a clear down trend now. Also the RSI and the volume showing a down trend.
Target area could be something around 1200.
RUT wave B Rally facing SIGNIFICANT RESISTANCE RUT wave (B) rally on-going moving towards the underside of a 4 decade support-turned resistance at 1432-1542. If this is the case, bulls need to get a move on to keep the motive-looking effort going. Will the coming bear market continue this trend and see bear markets in both as US debt is shunned by global central banks as a store of value?
US2000 Shot term Price - one Fib for clarity Levels, and price projections, lets see can we hold it, for new highs, or we make a new low. :)
Stocks Peaked 20 Years Ago. US Perma-Bulls are Chasing a BubbleIn nominal terms, US stocks have gone higher and higher over the last 20 and 30 years. This is priced in US Dollars.
Priced in terms of real money, stable money, the US stock markets and the US real economic growth peaked 20 years ago.
Over the last 20 years we've printed a crap-ton of money to paper over the losses and make ourselves feel richer, but it's all been an illusion. A money printing fueled bubble.
And the most recent cycle peaked in September of 2018, when the Russell first entered into a bear market and when the gold bull left the train station. In terms of what's happening right now: The Russell is sitting at the top end of its range right underneath major resistance. Without big stock buybacks driving the market there won't be enough buying power to send it to new highs.
The Fed can print as much money as it wants but it can't stop a massive global shock. Money velocity is at ZERO. Doesn't matter how much money you print, you can't fix a solvency problem with more liquidity. You can only buy yourself short slivers of time.
Its only a matter of time before economy gravity is respected and the global markets, including the US equities, get absolutely cratered.
Russell 2000: Will Resistance Prove True? Trump's PriceIn technical analysis, it is said that "past support = future resistance." Looking at a chart of the Russell 2000, we see there is a level of resistance that marks the date of Donald Trump's election. This lines up with a level of resistance.
Will it hold?
If it holds, then will the Russell 2000 see lower prices in the weeks to come?
Some say that the bottom is in. Of course, I have no idea.
US2000 It's in a really interesting place!We have a wedge that it's giving us a good entry, we will wait for it when US2000 decides to retest the wedge. Be focused in this point!
RUT update for week ending 24 April 2020Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bearish
The price relationship to the moving averages currently suggest Short positions.
Current chart score suggests that Bearish Sentiment is present.
The anticipated upcoming trade range is between 1167.39 - 1281.19
Price Consolidation has formed between: 966.24 - 1396.25
If RUT is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1335.64
Out of the combined (weekly & daily) indicators monitored, 33.33% are bearish, 50.00% are bullish and 16.67% are neutral
The prices are moving with the Trending Moving Average at a standard pace with a moderate market
The RSI that monitors bullish strength has a current weekly reading of: Bearish
The RSI that monitors bearish strength has a current weekly reading of: Bearish
The strength demonstrated over the last 5 weeks is currently: Bearish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1212.92 - 1260.50
Price Consolidation has formed between: 1154 - 1250
If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1254.46
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current daily reading of: Neutral Bull
The RSI that monitors bearish strength has a current daily reading of: Neutral Bull
The strength demonstrated over the last 5 days is currently: Bullish
Comments:
STD DEV:
Weekly: 1000 - 1458
Monday: 1182 - 1284
Working on a new template - I may post the new template during the week.
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **
