Purpose This analysis is meant to provide a long-term outlook for equity markets. I also use this to support my data-driven, long-term investment decisions. Sharing this with the public helps me avoid one of the most common mistakes investors make in the market - missing the forest for the trees. Table of contents Central banks policy Economic growth...
Rut looks nicely balanced It has retraced time and price in a controlled and balanced manner and is now in a clear range All moves look balanced over the last few years There is no evidence of a bear market in small caps at present… GRI 2023
US2000 - Intraday - We look to Sell at 1785 (stop at 1805) Buying pressure from 1720 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit...
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...
US Small Cap 2000 - Intraday - We look to Sell at 1790 (stop at 1810) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a...
Do you see it? $DJI Is it easier to see on weekly? The "Hovercraft" patter COULD be a precursor to an Inverted Head & Shoulder! See it now? IT'S WAAAY early & it doesn't mean it'll happen $ETH had one recently & went kaput Can $DJI #BEAR be ending? Time will tell IMO chances are NOT for BUT As stated MANY TIMES #markets are NOT logical What about $NDX $SPX &...
WHAT IT IS Since 1988 the Russell 2000 has outperfomed the SPX 73.5% of the time during the end of December into 1st of January. Classical David vs Goliath. Read more below👇 THE DETAILS Testing from 1988 to 2021 the period of 15th Dec through to 1st Jan, we see that Russell 2000 has outperformed the SPX 25 out of all 34 years. This is a win rate of 73.5% ....
An Extremely aggressive short idea on the RUT if one didn't nail the Mother of All Trend Lines on the S&P500 Regarding support as resistance w/ Hourly Hidden Bearish Divergence on MACD + RSI , regarding Fast EMA as Resistance Daily Double Top Confirmation Line Broken
It seems by all indications that we are heading into a bear market. With raising interest rates, tapering, and shrinking of balance sheets, we will see the Russel take at least a 20% tumble from the current price. The 100MA puts the Russel 2000 at around 1400, and further down on 200MA. A couple of key points: Only 40% of Russel 2000 are above 50-Day MA. Only...
I will start by sharing a Twitter poll, which shows the sentiment we are seeing now. Most think we are going lower. Therefore, the market could go higher in the short term. twitter.com I believe our target is the critical breakdown level that was never retested on the chart above. The maximum upside is the R3 Monthly Pivot + Yearly Pivot, which will most likely...
A good leading indicator is comparing the Russel 2000 against the S&P 500. For the last 6 years, every time the market bottoms its been with small cap stocks outperforming the general market. And RUSSELL:RUT has been outperforming the SP:SPX since January Just another thing to keep an eye on.
Something I noticed while flipping through some charts, RTY1! daily MFI is overbought along with GM, PCAR, YM1! (Dow futures), Dow components like WMT, CAT, YNH, etc along with XLF (financial ETF). Definitely not chasing a Fed pump even if my 3 hr indicators show oversold. My favorite stocks are overbought, that's a signal to take a pause. Will be shorting when...
dear fellows, it came to our attention the monthly chart of HYG, BTCUSDT, SPX, RUT. they all belong to the same class of speculative assets. of them, HYG is likely to have the greatest demand for liquidity as it lives out of refinancing its cash flow, let alone its debt. notice how 1. they are synchronized in what concerns the bottoms 2. HYG renewed the lows at...
Overbought on MFI and RSI on my short term chart, NQ and ES RSI are just barely touching overbought so gonna wait until tomorrow to short. Slept in because I missed the long boat yesterday, lol. No positions. At this point it's a bit late to chase the pump.
A double bottom is a reversal chart pattern in technical analysis that describes a change in trend. RUT Russell 2000 is oversold at the pre-covid level right now on a double bottom chart pattern. My price target is $1805. Looking forward to read your opinion about it.
"Russell 2000 / M2 Money Supply" ratio 1) It moves in a horizental trend in the long-term. 2) %20 discounted compared to 500 days MVA. 3) Nearly touched a major long-term horizental support. Of course it can also move more downwards if the crisis/war deepens but we can say that the probability of upwards move is more likely. First target: 0.095-0.100
I'm torn about this. from the top to down move thus far, the SPX has had small bounces along the way, as buyers come in, ride up the rally, then get burned. My sentiment right now is that there is little tolerance to be burned for the third time, and data/world news appear to be getting worse at the moment, not better. Of course these things can "resolve"...
Russel 2000 Weekly Volatility Forecast 26-30 September Currently our volatility for Russel is at 4.3%, increasing from 3.76% last week, located on 70th percentile, placing us in a high volatility environment Based on the previous calculations, there is currently a 16.7% chance that the asset is going to break the channel(the weekly candle it will close...