The small caps have been killed but I think we may be in for a nice bounce targeting the 1590 area for 30 point upside. Directional Bias: Long Price Target: 1590 on RTY Futures Good Entry: 1548-1555 Risk/Reward: Max risk of 10 points/30 point reward.
Trading Signal Long Position (EP) : 1685.2 Stop Loss (SL) : 1676.5 Take Profit (TP) : 1708.4, 1736.8 Description ZW formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1685.2) and place stop after 0.618 level (1676.5). Once the position was hit, place take profit before an agreement (1708.4) and 1736.8 Money...
Trading Signal Short Position (EP) : 1676.5 Stop Loss (SL) : 1685.2 Take Profit (TP) : 1652.6, 1637.8 Description ZW formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (1676.5) and place stop after 0.618 level (1685.2). Once the position was hit, place take profit before an agreement (1652.6) and 1637.8 Money...
Seems like 5 waves are completed and we hav ebulld ivergence bounce coming atleast 10-15 point
Russell first head and shhoulder to 1650 along wiht big one forming 1650-1559 complements bear falg
Snce russell negatted bear pattern it can be bullish ew count says wave 5 about to start 1722 ichimoku says green 4h
Russell forming multiple head and shoulder if this level hold target 1650
russell seems liek truncated 5. massive bear div if we stall 1600 this is bull case
Right into the .764 and they were unloading IWM into the highs.
As you can see RUT bounced off channel line and broke the falling wedge hence bullish
Well measured bearish deep crab with bearish divergence. No doubt in my mind that we are about to go down...
Russell 2000 is overbought with three gaps up on daily and it is time for profit taking. *This information is to be used for educational purposes only.*
Russell approach key area, may pause @ 1600-ish. $SPY $IWM $QQQ $VXX $DIA
Exchange: CME Case#1 Condition: 1. Fibonacci Cluster Red Zone was touched 2. Up Trend was completed by the previous Panic Sell in daily chart Predict: 1. Target#1 = 1490 Other possibilities: 1. Stop = 1600 invest as the predictor...
RUT goes to be delivered higher. Don't be scared.
To the cent perfect. Near Cam S4 daily and off Weekly VWAP (yellow dots). $IWM $SPY $QQQ $MU