US Small Cap 2000 Index
If you haven`t bought the RUT 2K regional Double Bottom here: On Tuesday, Fitch Ratings downgraded the US debt rating from the highest AAA rating to AA+, citing "a steady deterioration in standards of governance." This downgrade occurred following last-minute negotiations among lawmakers to secure a debt ceiling deal earlier this year, which put the nation at...
If you haven`t bought the Double Bottom on RUT 2K: Then you probably know that small caps haven`t participated in the 2023 market rally. That`s why I believe investors will will for opportunities in the small cap stocks in 2024, and Russell 2000 index might offer a bigger return than the S&P this year. My price prediction for RUT 2K is $2560 by the end of the year.
Consumers Expect Further Declines In Inflation Finally! Russel is the dirigent in an Stock rally or Crash Orchestra, as it moves faster and is sensitive. Not this time. Whil S+P500,Nasdaq100 and Dow choosed the bullish trend, for longer time than expected,now Russel starts to ralley. Technically has Russel found a triple strong bullish support, and RSI trend...
Descending Triangle has formed on Weekly for the Russell 2000 Index. The moving averages are all touching and seem to be at deciding point 200 = 21 =7 MA We need to wait for the official breakdown which will take the price to a target of 828. There are major warning signals for a Recession in 2024 with the inflationary pressures in the US, UK and Russia. We...
Russell 2000 is showing strong support at the $1940 area. I think that RUT is a support and resistance play from here, the first target being the $2130 Resistance. Looking forward to read your opinion about it.
RUT Russell 2000 bounced from the strong support of $1940 and is heading to the $2180 resistance. I also think we might see the end of the war soon. Russia says the first phase of its “military operation” in Ukraine is mostly complete. Looking forward to read your opinion about it.
The Russell 2000 index lost all its gains from 2021 and is now at the pick of December 2020. I expect 2022 to be the year of this index, that has a lot of undervalued gems, like 2021 was they year of the Big Tech with high multiples. Looking forward to read your opinion about it.
The Santa Rally is set to start on Monday, Dec. 27. This period gave positive return for the S&P 500 78.9% of the time. Since 1950, the average return of the Santa rally was 1.33%. How do you think this will be reflected in the Russell2000 index? The reasons could be optimism over the new year ahead or holiday spending.
A timely update to the Russell 2000 after running into sellers at the 1600 resistance which was previously support. Small caps have seen a huge uptick in selling interest and momentum is starting to kick in. Buyers giving up the diagonal support is opening up a world of trouble and asking for sellers to apply more pressure. The V shapers and naysayers that...
Sell Russell 2000, trading price inefficiencies.
See previous trade entry prior to the New York open this morning. 20:01:51 (UTC) Wed May 13, 2020
Russel 2000 Short Entry 0.5% risk
Bearish divergence. EFI, MACD. 10% possibility to rise up to 140000. First targer ~130000. Second ~125000