US2000 trade ideas
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.
Price Action:
Weekly: The average price range currently is 109.47 points/ticks/pips. Prices are currently .97x 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 966.22 and 1396.25.
While in consolidation the trade range may decrease to 67.362 points/ticks/pips.
Standard Deviation
Weekly: Standard deviation suggests a range from 1022.96 to 1491.03 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 1189.34 to 1324.64 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 first toward 1162.58 before moving toward 1311
If strength and attitude continue, it could take between 2 - 4 trade periods (weeks) 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
The CCI indicator trading strategy suggest the following:
Weekly: Strongly bearish - No entries at this time. If in, consider covering..
Confirmation Signal
6 indicators combined to confirm entry/exit.
Weekly Bearish - Close/Cover directional trades, profit taking/trend switch in process.
Russell 2000 - still bullish or am I?The red line on this chart is a median line of a pitchfork that originates back in 1988 and it has provided strong support and resistance for this index along the way. The rally in this index seems to have ground to a halt on that median line which is also the 61.8 fib retracement of the move down. Are the red and blue counts too optimistic and the 3rd, purple scenario is the one I should be paying attention too?
In war time, go after the weakest link firstOf the 4 US major indices, which one is the weakest ? The Russell 2000 which comprises the small medium enterprises ,the traditional businesses.
They are the ones that are fighting for survival, not the top guns like FB, Apple or Microsoft which have rich cash reserves to tide them over.
See explanation in chart
13 May 2020 swift evaluation of RUTA swift evaluation is conducted based on a single day without look back.
RUT is currently in a bear trend.
Prices are trading in a range of approximately 35.88 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1211.08 - 1255.42.
If strength and trend continue, RUT is trying to reach 1198.59.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 1287.07
The trend moving average: 1261.52
SAR: 1355.01
RUT2k Short Entry (Updated) 20:01:24 (UTC) Wed May 13, 2020See previous trade entry prior to the New York open this morning.
20:01:51 (UTC)
Wed May 13, 2020
The Price When Trump Was Elected President on RUTOn the RUT, the price when Trump was elected president has served as a psychological barrier of resistance so far. It appears that resistance might be holding and a greater fall will ensue in the medium-term.
Possible target is 760 in the RUT from the current 1275.
RUT2k Daily Evening Star (Bearish Reversal)RUT2k Daily Evening Star (Bearish Reversal)
20:52:30 (UTC)
Tue May 12, 2020
12 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 34.344 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1254.31 - 1296.76.
If strength and trend continue, RUT is trying to reach 1241.40.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1224.02
The trend moving average: 1263.394
US2000 SHORT: A Quantitative AnalysisNet sellers trapped :20
Cumulative quantitative power: 3700
signal: enter sell with the above parameters.
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
