Rty1
RTY OverboughtES and YM oversold, RTY overbought. Meme stock short squeeze appears to be over and normally this would mean a rotation into safe stock.... but the market has been anything but normal lately, lol. Even right now ES and YM look weaker than RTY like they want to throw an exhaustion gap tomorrow.
No compelling shorty trades, looks like a melt up. The only thing I would consider shorting today is China.
RTY One hour, +200 Tick bullish pushRTY is about +200 ticks away from the daily limit. As long as the market stays in the buy zone market should push to the projected limit price. Once the daily Fibonacci extension price it hit. It will be a good idea to stop buying the RTY to see if the daily resistance level will push the market back down to the daily support.
RTY Daily +400 Ticks Bullish PushThe RTY daily time frame is in an up channel. The
market hit the bottom of the channel and showing
signs of pushing bullish towards the top of the
channel price point 2327.0 which is also an up
sub Fibonacci extension about +411 Ticks above
the live market. It will be a good idea to turn to
the one hour time frame and to look for low prices
in the buy zone.
RTY1! (Russel) : 2 areas of potential bullish reactionPrice could dip into discount, mitigate some 4H zones and then go higher.
Wait for confirmations before going long. GLGT.
RTY, +1,000 Tick bullish pushRTY daily time frame is in an up channel. The market hit the bottom of the channel and is showing signs of pushing toward the top of the channel. The market is starting to make an up Fibonacci with an extension about a +1,000 ticks above the market price. Turning to the one hour time frame and looking for low prices in the buy zone will be a good idea as long as the market stays above the bottom of the daily up channel.
+2,000 Tick push on Russell 2000RTY One hour time frame is in a large up channel. The market hit the bottom of the channel and hit the daily down Fibonacci Extension. If the buyers are to take control. Now is a great time. Looking for the market to break and close in the buy zone off the one hour time frame will be a great idea to receive confirmation the buyers are taking control.
ES MFI went oversold premarketES MFI went oversold pre-market as did RTY (small cap), NQ barely above oversold.
Flipped all my puts (EL, ABC, SFIX and KAMN). Made decent money this week. Staying out unless I see something good, probably a whipsaw day.
Much like yesterday, I'm inclined to believe the market is headed up after the gap fades a bit on profit taking.
RUSSEL 2000 Market Breakdown Analysis!!Hi ,
Indexes are clearly bullish . Untill market shows the opposite reaction we should take consider the current momentum.
Now, we have to find a proper palce to get in the trend. If price tousch the key levels which referred in the charts, hopefully it will be great opportunity to take consider!!
In case of, H&S neckline will be broken, deeper correction can be considered!!
Note: the posts are not investment idea
Trade what you see, not what you think..A rare triangle pattern.. Leaning to a bullish approach if we could reclaim 2265 area.. Bearish if it breaks below 2210 area.. All in between = noise..
US2000 RUSSEL POSSIBLE HEAD & SHOULDERS !!!Hi,
There is a good opportunity, IF everything goes on what we see in the chart, to get risk/reward ratio on #US2000
RTY Update - Small Cap SellofThe selloff continues.... overlay says afternoon rally and/or gap up tomorrow, but I wouldn't go long until both MFI and RSI get oversold. I think it'll be a bull trap.
Russell 2000 Oversold: Look for dip buying tomorrowRTY has hit a key fib band level from which previous rebounds have occurred. The RSI is also at a level from which recent previous rebounds have occurred.
If ES holds 3880 in the Globex, I’m going long.
There's always the danger of a vertical drop given how full of trash (GME, AMC, PLUG, various SPACs) this index has become.
There is no Safe place Anymore..! Winter is coming...All the major indexes show bearish signs!!!
no matter what you are looking at NASDAQ, S&P 500, Dow Jones, Russell 200,3000..!
RTY: Buy the backtestAfter a successful day for the bulls, RTY has pulled back slightly to retest the fib line in the low 2240s. 2243 is a perfect place to enter a trade given it's very close to a fib stop loss (2241).
Combined with bullish action for BTC and Ethereum, the risk reward favors a long here.
JNK/TLT is screaming SHORTY RTY!JNK/TLT is my favorite indicator I have found. It tells me when to go long and when to short. And right now short RTY is probably the best short of the century. the green line has been an indicator of shorting rty I am going to start to build a position in RWM and will be planning to hold it for a large correction to becoming in RTY.
RTY Daily hit up Fib Extension. Expecting a pull backThe RTY daily time frame hit the up Fibonacci Extension and hitting resistance. These are big signs of a potential pull back. I am waiting for a lower price before looking for long opportunities.
RTY One hour up ChannelRTY one hour time frame is breaking the counter trend line bullish off the one hour time frame. The top of the channel is around +500 Ticks above the support level.
$IWM RTY would be in trouble below 2100$IWM RTY would be in trouble below 2100
This week is a good week to play short if the momentum on the small cap index sells to the downside.
