The Russell 2000 Index is a small-cap U.S. stock market index that makes up the smallest 2,000 Possible Targets and explanation idea ➡️Global weekly chart RUT. We are in a middle. ➡️Summer 2022 we got signal to buy. ➡️Market mood we are in a depression zone ➡️Direction indicator (whales accumulate, even on covid dump we didn't see this signal) ➡️Take profit...
U.S. stocks tend to rise during the Santa Claus rally period. The Santa Rally is considered the last five trading sessions of the year and first two of the new year. Since 1950, the S&P 500 has traded higher 78% of the time during the Santa rally period for an average gain of 1.3%. My price target for RUT Russell 2000 is $1860. Looking forward to read your...
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.
The 0 - 5 count could be over in a couple days. When price reaches the L-MLH, then we know that it's stretched extremely. As a Pitchforker you know that these are the greatest opportunities to trade. So let's observe it and maybe we find a good Risk-Reward entry.
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.
IN this update we review the current corrective cycle in the Russell and identify the next high probability trading opportunity
In this update we review the price action in the Russell break out trade and identify the next high probability trading opportunity
We 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...
looking for entries!, Russel had a little correction, remember, long term is bullish!, also still sideways
Look to place some +ve Delta Butterflies on RUT or Bullish verticals to capitalize on this move
Consolidation is broken upwards with the minimum target level around 2650.
Here are support and resistance levels. Close above 2292 would confirm it's intention to move higher. Initial target is overhead resistance trend line and then 2500. Close below 2161 could indicate short term trend change.
Idea is to go long the Russel 2000 on further strength. Resistance has been tested multiple times with a consolidation (bullflag) near the upper range boundary. 4hr candle close has to be above recent high to enter longs.
Good day folks, The market went very close of a selloff last Thursday. However, it reversed on the Fed news. TLT and XAUUSD are cooling down; if the selling continues or accelerates, this could provide some fuel to the indexes. I think IWM could reach 146 and close the month around 140. So, this could also offer an opportunity to short. I do not have a...