SRTY/ Russell is overbought at this point. Candles are forming an inside bar. Which is setting up for a trend change to green! Buy on green candle or here. Place stop/ mental stop under swing low! High percentage trade setup! Look to exit near end of January. Look to buy URTY early February 2023. Cheers
Top line is flat and price is at resistance.
The bottom line slopes up.
Neutral until broken.
No recommendation
Leveraged.
ProShares Trust - ProShares UltraPro Short Russell2000 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of companies...
It is not time yet.
Bearish Marubozu candle today shaven at both ends right now.
But I am thinking it will be.
Leveraged x 3.
ProShares Trust - ProShares UltraPro Short Russell2000 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. It invests through derivatives in stocks of...
Disclosure: this is not financial advice, and therefore no one should use it as such, one should make their own decisions in the market based on deep analysis and thoughtful meditation.
This is just a reflection of the previous break through pattern highlighted in three colours, red, orange, and yellow. With a BB bands and a simple 50 period moving average over a...
IWM facing resistance from 2014 uptrend line. Also two degrees of rising wedge forming with continuing bearish divergence on 1 Day chart. ~14% drop in IWM to 38.2 fib level likely to correspond to the channel fill in SRTY.
