The Russell 2000 futures, that represent small caps and broader market strength, is primed for a directional move. A mature multi day balance has a potential for a breakout to upside. The upside target levels are marked. The related indices just broke to upside today. The Russell has a potential to catch-up.
Directional Bias: Long
Price Target: 7140-7160
Good Entry: 6840-6860
Risk/Reward: Max Risk of 30 points/Potential Reward of 250-300 points
Trade invalidates on a close below 6825 on the hourly candles.