Bearish Bat Pattern .Get ready, market watchers!
The Russell 2000 is flashing some exciting signals!
We're seeing a potential Bat Pattern formation at the 1910 level, which could indicate a future pullback.
Keep a close eye on this index, because if the pattern plays out as anticipated, we could be looking at a fan
Russell2000 INTRADAY bearish below 1940Key Support and Resistance Levels
Resistance Level 1: 1940
Resistance Level 2: 1965
Resistance Level 3: 2000
Support Level 1: 1783
Support Level 2: 1700
Support Level 3: 1640
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
Russell 2000 - time to Buy pullbacks...Shorts were good while it lasted... looks like a good time to buy pullbacks.
It would be wise to wait for a clear 3 wave correction though.
Elliot Wave Analysis shows a larger degree wave IV was completed in March 2020.
Since then, the Russell 2000 has been nesting within a bullish rectangle chart
Russell 2000 - Sell till late May & Buy in Early June?
Wave (ii) is still in progress. Slight update to the primary wave count from the previous one below.
200 & 100 SMA's are sloping firmly to the downside therefore I will continue to keep selling at technical levels. Late May or early June would be a good time to go long...
Support levels are s
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Russell 2000 - one more drop to complete the correction?Looking for the double zig zag correction to complete (Y) leg in the blue zone. Will be looking for five waves to the downside for the target.
Updated the wave count from my previous chart below...
This drop from the 25th November 2024 to the expected target zone would be more or less similar
RUSSELL 2000 INTRADAY oversold bounce back Key Support and Resistance Levels
Resistance Level 1: 1889
Resistance Level 2: 1920
Resistance Level 3: 2000
Support Level 1: 1700
Support Level 2: 1640
Support Level 3: 1590
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a
Russell 2000 - 5th wave of Y leg may already be in progress... The rejection at 2100 price level also happens to be the 38.2% Fib of the decline from the 14th of February 2025. The decline from 6th of February 2025 counts beautifully as waves 1, 2, 3 & 4. If this wave count is correct, then the Russell is currently in wave 1 of 5 of Y of (ii).
This is my prim
Russell 2000 INTRADAY oversold bounce back Key Support and Resistance Levels
Resistance Level 1: 1889
Resistance Level 2: 1920
Resistance Level 3: 2000
Support Level 1: 1700
Support Level 2: 1640
Support Level 3: 1590
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
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Displays a symbol's price movements over previous years to identify recurring trends.
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US Small Cap 2000 CFD reached its highest quote on Nov 25, 2024 — 2,468.6 USD. See more data on the US Small Cap 2000 CFD chart.
The lowest ever quote of US Small Cap 2000 CFD is 938.6 USD. It was reached on Feb 11, 2016. See more data on the US Small Cap 2000 CFD chart.
US Small Cap 2000 CFD is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Small Cap 2000 CFD futures or funds or invest in its components.