$RUT broke resistance & struggling to stay above, Yield top?TVC:RUT broke resistance & is trading back under again
The only consistent up mover is the NASDAQ:NDX
6Month is at its HIGHEST levels this year
1Yr Struggling here but hit highs
2 & 10Yr nowhere near highs TVC:TNX
All #yields look as if they're going to roll over soon
Historically, #stocks follow this downside on yields
Is this time different?
US2000 trade ideas
RUT - An Accumulation All Along 🧐Doomsday bears have been looking for RUT to go much lower and cheering every slump but its been an accumulation all along.
Finding support on the 0.382 retracement is BULLISH and that is also cycle top support.
Now in a tight circled price band - this is patterns within patterns; an accumulation within an accumulation.
Somewhat bowl shaped and plenty of chop show that this bear market was nothing but a retracement to then move on up.
Bullish divergence since the impulsive low BACK IN MAY , now looking to push into the upper quadrant to get the show on the road.
The circled accumulation is printing just below the 50 week MA - good chance it will pop above soon enough and the "Mark Up" bull market will be underway.
Last slump was a re-test of the Supply Line also printing a Shakeout Reversal Pattern through support and 0.382 to then move away from the area and print the accumulation.
Its all there - will be moving on up soon enough 😼.
Not advice.
US2000 H4 | Close to 61.8% Fibo resistanceUS2000 is rising towards a key overlap resistance and could potentially reverse from this level. Price could hit our sell entry at 1753.37 and drop down from here. Our stop loss will be at 1766.20 which is an overlap resistance. The take profit level will be at 1729.46 which is a recent swing-low.
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US2000 H4 | Rising into resistance?US2000 is rising towards a key overlap resistance and potentially reverse from this level. Price could hit our sell at 1764.48 and drop down from here. Our stop loss will be at 1785.23 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. The take profit level will be at 1736.55 which is an overlap support that aligns with the 50.0% Fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
RUSELL 2000 ANALYSISThis is the first analysis that I am making on the Rusell 2000. Let's get to it
The banking Crisis started towards the beginning of the first week of March. This plunged price to new yearly lows. Also notice that after the huge expansion to the downside, a consolidation followed with it
Within the lower part of the consolidation, Price forms and SMT with NASDAQ. I want to see price to reach into the higher part of the consolidation to take out the Buyside liquidity and into the bearish Breaker Block to take price lower into the Sell-side Liquidity
Long RUT on the 76.Big decision point here for RUT as it gets to the 76 of the rally from the low in 2022. Whatever happens here will usually be important. Breaking here will open up a much bigger downside break and holding here will mark out the low for the foreseeable future. High RR on the long here. Short bias if the stop on the long breaks.
Looking for a US2000 rally.RUSS2000 - Intraday - We look to Sell at 1855 (stop at 1875)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
A higher correction is expected.
Our short term bias remains negative.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 1795 and 1765
Resistance: 1870 / 1910 / 2025
Support: 1815 / 1765 / 1720
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Russell 2000 potential for bullish rise to overlap resistanceLooking at the H4 chart, my overall bias for RUT is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.
Looking for a buy entry at 1893.8737, where the 38.2% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 2134.4378, where the overlap resistance is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
US2000 being a good market buy?RUSS2000 - Intraday - We look to Buy at 1910 (stop at 1890)
Selling pressure from 1939 resulted in all the initial daily gains being overturned.
The current move lower is expected to continue.
The bias is still for higher levels and we look for any dips to be limited.
Previous support located at 1900.
Preferred trade is to buy on dips.
Our profit targets will be 1965 and 2025
Resistance: 1960 / 2025 / 2095
Support: 1910 / 1870 / 1815
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Rut trying to set the higher highAfter double bottoming around 1700 as we predicted
And rejecting the primary downtrend (fan - burnt orange)
RUT is now attempting a higher high (blue construct)
It’s also nicely rejecting fibs as it progresses upwards
I believe it will go higher in the next couple of months
I see most upside in small caps
GRI 2023
Russell 2000 potential for rise towards overlap resistanceLooking at the D1 chart, my overall bias for RUT is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a pullback buy entry at 1889.4148, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 1722.0208, where the recent swing low is. Take profit will be at 2134.1183, where the overlap resistance is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Fadig into US2000 early optimism.RUSS2000 - Intraday - We look to Sell at 1935 (stop at 1955)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A lower correction is expected.
Although the anticipated move lower is corrective, it does offer ample risk/reward today.
The hourly chart technicals suggests further upside before the downtrend returns.
We look to sell rallies.
Our profit targets will be 1875 and 1840
Resistance: 1910 / 1960 / 2025
Support: 1870 / 1815 / 1765
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
spx at a key spot- grow or else!SP500 stocks are at key 200 level and we are waiting to see which way the crowd takes us next.
Bulls say we soft landed and economy is still strong.
Bears say we have yet to feel the full effect of the tightening and higher costs.
I lean bearish and believe the full effect of rates will take time to hit. In 2005/6 when housing was booming and rates were ratcheted up, we didnt turn in the market until 2007/2008. So this isnt mtv or microwave popcorn, stuff takes time.
If Im wrong on this, it will be because fed eases and funding fuels the next years of growth and inflation, which is the opposite of what Jerome Powell blatantly says.
We shall see soon either way.
Stay safe and dont take more risk than you can handle.
Cheers.!
SP:SPX
Russell 2000 Potential for Bullish ContinuationLooking at the H4 chart, my overall bias for RUT is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Look for a potential buy entry at 1789.4537, where the overlap support and 61.8% Fibonacci line is. Stop loss will be at 1722.0208, where the previous swing low is. Take profit will be at 1911.6949, where the overlap resistance is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.