Tomorrow I will be looking for shorts if everything went like expected. Setups are explained in detail in the video #trading #goldtrading
What is moving lately? Tech stocks in Nasdaq and S&P are down, whereas traditional stocks in the Dow Jones and the smaller-cap stocks in the Russell are holding well. Micro E-Mini Russell Futures and Options Ticker: M2K Minimum fluctuation: 0.10 index points = $0.50 Disclaimer: • What presented here is not a recommendation, please consult your...
This is the most asymmetrical reward to risk trade I see right now of all the markets I follow. As I do the math, there is a potential reward of $10 for every $1 of risk. I dream of set ups like this. Of course, that does not mean it will be a winner. TVC:RUT $M2K_F
Quick idea here as we look to get back in a groove with analysis/posts after a very light October. Not going to include a lot of elaboration, but we're looking to take advantage of a swing short (price depending) via a low timeframe (5-minute) RTY supply zone (defining candles not pictured here since sub-15-minute charts cannot be posted). If price approaches the...
Independent Producers remain in implosion mode. Bankrupt Companies feigning existence worthy of a Bid. Chasers will be wrecked again 1610 fails and it's going to lose 90%+ into 2023 October. ______________________________________________ For now - the Flamingo is having a bit of difficulty getting gamblers back to the tables. A complete horror show... this JUNK.
The Russell 2000 continues to expend energy in a large Range which remains in a weakened condition. 2282.50 was rejected. There is little to support this as the Parking Lot is being vacated. Small to Mid Caps are not faring well in the present Environment with little reason to Position for 2022. Slowly Sinking into a LArger Sell is ahead after the next...
RTY/IWM looking for a measured move after a long consolidation. I'm thinking it will retest the high of 2366 before the run.
Independent Producers are being systematically crushed, slowly being wiped off the Competition Map. The Map itself is on a well defined Roll Up. Wreck them, collect them. Master of the obvious type stuff I know but many seem to cling to their hopes. The RUT has a large composition of Mixed Bags to hold. Weightings: Consumer Discretionary @ 13.1% Financials @...
The stock indices all broke below the prior sessions lows to make new lows for the week. But I noticed a few signs that made me pick up some micros long (MES, MNQ, KYM, M2K) right before the 5pm EST close. Long MES 4385 Long M2K 2152 Long MYM 34822 Long MNQ 14827 $150 risk per position
This is fast becoming the Gift that keeps on Giving. We closed out Buy To Open Positions an are now employing an Inverse SELL to Open Ladder from 2273 to 2335. We are using M2K as a Hedge IF need be - low probability imho. Our target for the RTY remains Sub 2K, there has been aggressive Support Mechanism for the RUT, we see it as an enormous Gift :)
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ES / SPX ATH gives a bullish stance but looking for a correction / more consolidation first. Looking to retrace to first stop @ 3630 POC for the current run up from 02 Nov 2020 is @ 3560 RTY / RUT Consolidating below POC, if there is a close below 1822 a retracement to VPVR nodes is likely First Retracement to 1800 (weak support) then to the next much more...
Perhaps time to short, at least tactically. The Russell has fallen below both the 50 and 200 day moving averages and seeming confirmed a breakdown below a descending triangle (sloppily drawn) the began to form at the beginning of the month. On a daily chart of standard candles there is a gap to fill around 1423, perhaps we are headed there now. A trailing stop...
Rejected off of 1560.9 after major sell off and broke above POC 2 1562.9 looking to long. ENTRY: 1562.6 Exit: 1566.0 Stop: 1562.6
Just some simple support and resistance lines. it could go either way at this point.
Lets see where she goes. I like the look of this IH&S structure. Re-balanced just means it should go up..