$RTY | TRADE IDEALimited upside left on this wave 3. Wave 4 pullback to retest the breakout will be a GIFT. Targeting $2555 from there.Longby StonksSociety0
RUT Breaking out?The Russell 2000 pushing to the upside. May want to make a run to the top of the long term range. Maybe rotation from mega caps back to smalls?? Something to watch. Longby WadeYendallUpdated 3
Market Pulse week of NOV1 40K to start the week Trading View recording not working .... Will have raw and unedited setups everyday M-f 12:est Rut setup given this morning pre-market in Morning Brew So many more Link at the bottom Video link to Market Pulse Isrg possible setup for afternoon run Nvda taking off Roku taking off for pre earnings ..Longby Beyond_Charts0
US2000 - Price Action combined with WXY corrective structuresMarket phases - Price Action In short: • the market rises when price makes higher highs and higher lows. • the market goes down when the price makes lower highs and lower lows, • The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows. It may sound childishly simple, almost like stating something obvious, but you will be amazed how often people forget these simple facts. One the most important question is: "Where is the market going?" sequence: The change of direction is confirmed when the price is rising above recent highs (as seen in the chart above). In other words, it is a reversal 1-2-3 - you go long (buy, eat) after correction above pillar levelLongby Pioneer_Assets1
RTY: A Perfect Place To SELL!On the daily chart, the price is moving inside a big corrective pattern. Actually, it is testing the top of the structure and the chances are very high that we may see Russell moving lower again. The targets are placed taking into consideration the structure areas. Targets: 2255 2220 2124 Thank you and Good Luck!Shortby KlejdiCuni121221
US Russ 200 Long Oppertunity- would enter a long position if we get a close above 2316usd - first target is the next blue line, if we get above next target would be the ATH Longby aleks769Updated 3
Which direction you think the Russell 2000 is going?Dude, it's pretty obvious it's up! Been consolidating for a while now. Will breakout within next couple weeks. Go go go!Longby brian76830
Wake Up Time for the Russell 2000?The Russell 2000 has been snoozing for most of the year, following a sharp rally last winter. Now traders may want to watch for signs it could be waking up. The main feature on this chart is the series of higher lows since August, while the top of the range has remained around 2310. That’s starting to resemble a bullish ascending triangle. It’s also noteworthy that RUT made higher lows in September and early October, while the S&P 500 and Nasdaq-100 made lower lows versus August. Next, the consolidation has occurred along the 200-day simple moving average (SMA). Third, RUT just completed a bullish inside candle on the weekly chart. Consider the events calendar, with major tech names like Apple and Amazon.com reporting this week. Once those catalyst pass, sentiment may shift. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStation11
rus2000usd Long move continuationrus2000usd Long move continuation after the correction structure. To the resistance trendline.Longby oselaji1
Russell 2000, break out 2ed day.Symmetrical Triangle: A symmetrical triangle is composed of a diagonal falling upper trendline and a diagonally rising lower trendline. As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising prices or breach the lower trendline forming a breakdown and downtrend with falling prices. by samitrading661
RUT Sharp pullback on Friday.The RUT which has been stuck in a multi month range did not join the rally on Friday. Instead it pulled back sharply, perhaps due to the pop in the 10y yield. Something to keep and eye on. The NAS and SPX do not need the small caps to move higher but its nice to have broad market participation. Small caps also offer a clue as to how much risk appetite is in the market. by WadeYendall4
RUS2000USD is not ready to breakout to the upsidelooks like RUS2000USD is not ready to breakout to the upside, As it descends, might bounce from the up trendline, might break down to daily support by oselaji0
RUT LongWe have bounced off the 200 EMA on the daily chart . We are at support of the 34 ema on the weekly chart. We have had a long period of consolidation now. Corrections can happen with time or price. This has been a correction of time. The candle lows have been making higher lows and have been forming hammers on the daily chart . The higher lows on the daily chart combined with the support of the EMA’s is what makes me bullish . We also have a symmetrical triangle formation on the daily chart which we broke out of and retested intraday today. The S&P and NASDAQ have had huge run ups and some of the money may be rotating out of those indexes into the Russel. BTC is breaking out and looking to retest all time highs. If it starts making new all time highs I expect there to be an easier environment for the Russel to rise. The stop is below the low of the consolidation. If we break that I am no longer bullish and will have to re-evaluate. I would try and take an entry off a smaller time frame with a much higher stop to increase the RR on the trade. Another way to go about this is waiting for the Russel to start trending higher and confirming the analysis and then buying the first large enough pull back. Waiting for this will allow for confirmation of the trade idea and give a better RR as well.Longby The_Waves8
US2000USD_THE RUSSELL possible Elliott Setup Markets seems bullish/weak at the moment. Market makers holding price up until option expire today...then who knows ?? IF market returns bearish this is the Setup I will be looking for.Shortby wolffarchitecture2
RUT intraweek short: 12th October 2021I think we're into the high of the day in indices now. I've got quite a lot of exposure already so limiting new entries, but RUTR looks pretty peachy. Shorting into the recent rise. Shortby holeyprofitUpdated 442
RUT bearish inflection point: 11th October 2021 Our near term decision point and the level under which bears are more likely to dominate this is around 2160. Here a wouldbe bullish butterfly would fail. Often the failure of these type of harmonics are the first sign of trend failure - under the butterfly support the market can become a lot weaker. More obvious selling. Shortby holeyprofit5
RUT bearish ending diagonal? We've been watching the 161 extension level on the RUT for 6 months now. It's interesting that the stocks that have been most volatile mainly come from an index that has traded essentially flat. We think a major breakout will come from this RUT range. A big decision is to be made in RUT from this area. It's starting to look like the range is becoming an ending diagonal and we're already into the early - subtle - part of the breaking of this. Shortby holeyprofit3
RUT is kind of cornered pretty tight, 3 symmetric triangles !What Is a Triangle? A triangle is a chart pattern, depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns. KEY TAKEAWAYS In technical analysis, a triangle is a continuation pattern on a chart that forms a triangle-like shape. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles. Type of Triangles 1/ Ascending Triangle: An ascending triangle is a breakout pattern that forms when the price breaches the upper horizontal trendline with rising volume. It is a bullish formation. The upper trendline must be horizontal, indicating nearly identical highs, which form a resistance level. The lower trendline is rising diagonally, indicating higher lows as buyers patiently step up their bids. Eventually, the buyers lose patience and rush into the security above the resistance price, which triggers more buying as the uptrend resumes. The upper trendline, which was formerly a resistance level, now becomes support. 2/ Descending Triangle: A descending triangle is an inverted version of the ascending triangle and considered a breakdown pattern. The lower trendline should be horizontal, connecting near identical lows. The upper trendline declines diagonally toward the apex. The breakdown occurs when the price collapses through the lower horizontal trendline support as a downtrend resumes. The lower trendline, which was support, now becomes resistance. 3/ Symmetrical Triangle: A symmetrical triangle is composed of a diagonal falling upper trendline and a diagonally rising lower trendline. As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising prices or breach the lower trendline forming a breakdown and downtrend with falling prices.Traders should watch for a volume spike and at least two closes beyond the trendline to confirm the break is valid and not a head fake. Symmetrical triangles tend to be continuation break patterns, meaning that they tend to break in the direction of the initial move before the triangle formed. For example, if an uptrend precedes a symmetrical triangle, traders would expect the price to break to the upside.by samitrading1
US Russell Momentum strategy that solves 80% of your problemsMarket phases - Price Action The market can only go in three directions: 1. up, 2.down, 3. sideways. With high / low defined, we can use several charts to identify these market phases and start a simple search for our Swing Highs and Swing Lows. In short: • the market rises when price makes higher highs and higher lows. • the market goes down when the price makes lower highs and lower lows, • The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows. It may sound childishly simple, almost like stating something obvious, but you will be amazed how often people forget these simple facts. One the most important question is: "Where is the market going?" A trend shift to a downtrend occurs when we see the following sequence: The change of direction is confirmed when price drops below the last lows (as seen in the chart above). Otherwise speaking, this is a 1-2-3 reversal - you go short (sell) after correction at the level of the average priceShortby UnknownUnicorn25487280
RUT swing short trade: 7th October 2021RUT is one of my favourites for OTM swing puts on. With it having traded range bound for so long there's potential for a big increase in IV if we breakout under the lows and head into a sharp drop. Short entry 2260 Stop 2318 Target 1845 Shortby holeyprofit552
Retrace to 2207 then surge northMulti Timeframe Analysis Hint: Bullish direction after retracement Recommendation: Confident long COVID fears depressed the SP500 but the bearish 200 period EMA is now being broken. Except the price to retest the 61% fibonacci level (2207) before moving up north to 2267 or the -61.8 Fibonacci. MARKET ORDER RULES Market order position upon the confluence of valid entry rules on the 4H or 1H chart. -=ENTRY RULES=- Trading philosophy: Don’t short at the lowest of the bearish momentum nor do we long at the peak of a bullish impulse. The safest entries are at the end of a retrace on the 38.2%, 50%, 61.8% or 78.6% fibonacci back in the direction of the master trend. Note: I use Daily/4H or 4h/1H market structures with wave analysis to prep for potential entries. The RSI , MACD and EMA indictors are confirmation for entries at the 4H or 1H timeframe For SHORT: 4H chart should confirm that the bullish retrace had turned bearish in the direction of master trend. The MACD should have dropped below zero signifying a bearish environment. Price would have dropped below the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is below the 50 signal line For LONG: 4H chart should confirm that the bearish retrace had turned bullish in the direction of the master trend. The MACD should have gone above zero signifying a bullish environment. Price had gone above the 10 and 20 EMA . For good measure, check that the 4h and D1 RSI is above the 50 signal line About me I am not a financial advisor nor a signal provider. These are the opinions of a 20-year private trader in the legal profession as well as a businessman diversified in the tech and hospitality industries. My favored tools of the trade include wave analysis, price action on the 4H to Weekly timeframes and institutional order flow.Longby PlazoSullivanRocheCapital0
Russell 200 a Pure sideway..!at the first look, it is pure sideways, and not good for trade! But you can fit a sine wave into this chart and because of the 10-12% range, it could be a good trading setup at the extreme points!!! Watch it closely in the next 2-3 weeks for a potential buy opportunity! by Moshkelgosha2212