A swift evaluation is conducted based on a single day without look back.
RUT is currently in a bull trend.
Prices are trading in a range of approximately 38.7 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1240.05 - 1287.89.
Prices are consolidating between 1234.01 - 1281.08.
If strength and trend continue, RUT is trying to reach 1279.78.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1205.92
The trend moving average: 1237.33
------Additional Comments:
RUT hit the SAR yesterday - this generated a bearish signal, could see a movement toward 1246 before moving toward 1282
RUT is currently in a bull trend.
Prices are trading in a range of approximately 38.7 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 1240.05 - 1287.89.
Prices are consolidating between 1234.01 - 1281.08.
If strength and trend continue, RUT is trying to reach 1279.78.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 1205.92
The trend moving average: 1237.33
------Additional Comments:
RUT hit the SAR yesterday - this generated a bearish signal, could see a movement toward 1246 before moving toward 1282
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.