IWM volatility ahead! price levels to keep in mind...Forecasted price action shown on chart. Several liquidity levels delineated as bullish & bearish targets.
Both bulls & bears get to eat this holiday season as the market prices in less cuts to Federal funds rate in 2025. Classic holiday chop...
Expecting gap fill at 210-212.6 zone before final breakout above 230 resumes for progression to new all time highs near 246 buy target likely sometime in Feb 2025...
Russell2000
IWM | Bullish AMEX:IWM
Resistance Levels:
There is a significant resistance level at around 224.02. The price needs to close above this level to confirm a breakout.
Another resistance level is at approximately 233.64.
Support Levels:
The immediate support level is the trendline, which has been acting as a resistance until now. This trendline is likely to act as a support if the breakout is confirmed.
A secondary support level can be seen at around 227.13.
Potential Targets:
If the price closes above 224.02, it signifies a breakout from the current price channel.
The first target after the breakout would be around 233.64.
The second target, based on the price projection, would be approximately 244.46.
Indicators:
The RSI (Relative Strength Index) is currently around 63.34, which is above the neutral 50 level but not yet in the overbought territory. This suggests there is still room for upward movement.
The price action shows higher highs and higher lows, indicating a bullish trend.
Volume: The volume seems consistent, supporting the upward price movement. Higher volume on a breakout above 224.02 would confirm the bullish sentiment.
Conclusion:
If IWM closes green today above 224.02, it indicates a breakout from the current price channel, suggesting a potential further upside. The first target would be around 233.64, followed by 244.46. This position could be highly profitable for call options and futures contracts if the breakout is confirmed and sustained.
Russell 2000, on a 15-minute timeframe, delivered a perfect shorRussell 2000 SHORT Trade:
Russell 2000, on a 15-minute timeframe, delivered a perfect short trade using the Risological Swing Trader, achieving all targets in a seamless bearish move.
The trade unfolded with precision, as the Risological Swing Trader pinpointed the entry and accurately mapped the downward trajectory. Each target was hit with remarkable accuracy, reflecting the tool's power in identifying high-probability trades.
Enjoy and have a great weekend!
The Russell 2000 has just bottomed! Here's WhyAMEX:IWM CAPITALCOM:RTY AMEX:TNA 🤏🧢
Here I am, standing before you again, putting my name on the line and going against the GRAIN and telling you I believe we just bottomed on the AMEX:IWM
The Russell 2000 is front-running this pullback and we are about to see a bounce next week and BIG push into year end! Here's WHY 👇
Before we take a look under the hood of the car lets talk about the weekly chart. Everything is still good: H5 Indicator is GREEN, Williams Consolidation Box is thriving, and we are on the volume shelf. Now lets take a look under the hood at the daily chart. 👇
Daily Chart Analysis:
-Most important we are at the bottom of our Wr% Range and at the Green support bounce zone. As you can see every time we've been here over the last three months we've bounced for an average of 9%.
-We broke down through our first level at $238 and are right at what I believe to be the final boss before we have our move higher. Why? Simple $234.66 is the previous ATH dated back to the end of 2021. So, I'm coming at you for the 100th time so it's engrained in your brain: A break of prior RESISTANCE needs a retest in order to FLIP it into SUPPORT. This is what I believe we are doing at this time at the second level of right under $235ish.
-You may be asking yourself well how come we don't go down to the $228 level. Great question, it could happen but I don't believe it's a strong probability for the reasons laid out above and the fact that we've already flipped that area from resistance to support. Also, we would be caught up in a Anchored volume profile GAP that measures down to $220 and I don't believe we are at that level of a crash instead of a pullback...yet!
-Speaking of Anchored Volume Profile Shelves we are currently holding on to this one even at the Level 2 support area.
-As I always say we could Lit grab/ flash crash down to the weekly 9ema that sits right around $232 before we fake out to the down side and push back higher towards ATH into year end.
In summary, I believe the AMEX:IWM has just bottomed and we’re poised for a bounce next week with a strong push into year-end. The Russell 2000 is leading this pullback, and both weekly and daily charts show positive indicators. With our H5 Indicator green and strong support levels holding, we’re ready to break higher.
🔜🎯$259
🎯$306
Not financial advice.
Russell 2000 H4 | Bullish bounce off overlap support?Russell 2000 (US2000) is trading close to an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 2,389.15 which is an overlap support.
Stop loss is at 2,350.00 which is a level that lies underneath an overlap support and the 50.0% Fibonacci retracement level.
Take profit is at 2,434.59 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
US2000 / RUSSELL 2000 Index Money Heist Plan on Bullish SideHii! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist US2000 / RUSSELL 2000 Index Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Russell 2000 Small Caps (IWM) Breakout cup and handle on RUTRussell 2000 Small Caps TVC:RUT and AMEX:IWM on the Cusp of a Breakout?
The Russell 2000 small-cap index, tracked by the iShares Russell 2000 ETF (IWM), is forming a cup and handle pattern. This technical formation could be indicative of a significant breakout.
Key Levels to Watch:
Resistance: $230-$232
Support: $220-$222
A decisive close above $234 confirmed the breakout, potentially leading to further upside. Conversely, a failure to hold above $220 could negate the pattern.
Keep a close eye on IWM as it navigates this critical juncture.
2025 is the year of the SMALL CAPS! 26% Higher2025 is the year of the SMALL CAPS! 26% Higher
Russell 2000 - AMEX:IWM AMEX:TNA 🤏🧢
2025 is the year of the SMALL CAPS!
While some are saying the Small Caps run is over, I say we are going 26% HIGHER!!!
You have to understand that the Russell has lagged the ENTIRE market over the last two plus years and they have a lot of catching up to do. You either get that through AMEX:IWM running up to the NASDAQ:QQQ , the Q's falling down to meet the Russell, or them meeting halfway.
I believe we are going to get a decent size pullback on the Q's eventually but for right now I say the Russell runs FAST to catch the runner that is fading.
The chart also tells us everything we need to know.
- H5 Indicator is GREEN
- Cup n Handle Breakout with a successful retest...You now what comes next! ☝️
- Wr% has it's consolidation box and is thriving.
- Free roam on the ATH's space 🐔
🎯 $259
📏 $306
NFA
Entering a Bull Market for the Russell 2000From a weekly chart perspective, the Russell 2000 ETF is showing a rounded bottom formation. Coupled with Trump-era policies encouraging reshoring and boosting local consumption, this has been a positive catalyst for small-cap stocks.
While the S&P 500 remains strong, the Nasdaq, particularly tech stocks like semiconductors, has already experienced varying degrees of pullback.
Russell 2000 H4 | Bullish uptrend to extend higher?Russell 2000 (US2000) is trading close to a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,361.44 which is a pullback support.
Stop loss is at 2,300.42 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 2,441.58 which is a swing-high resistance that sits close to the all-time high.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Russell 2000 H4 | Pullback resistance at 38.2% FibonacciRussell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 2,361.44 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 2,403.00 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 2,293.39 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Presidential cycle. Will the crossing of RUT and SPX be repeatedDuring the Presidential Cycle is possible to verify that both indexes make peaks and troughs by the same time with similar moves.
By early 2016, the indexes followed the same movement by roughly three months, after that SP500 and Russell2000 made a new high just before the elections.
The prices continues to rise until the pandemic.
By early March 2020, SPX crosses above RTU and it was above until a little before Biden election, thereafter RUT crossed again making a new high two months later SP500 also made a new high.
By early January 2024, SPX crossed definitely RUT with SPX already making a new high.
So following the history after the elections is time to RUT to cross above the SPX line as well as to reach another higher high(??)
Russell 2000 H4 | Potential bullish bounceRussell 2000 (US2000) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2,383.20 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 2,340.00 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 2,447.38 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Direxion Small Cap Bull 3x | TNA | Long in the $30sMarkets are forward looking. When the Federal Reserve drops interest rates (perhaps in 2024?), I anticipate money to flow into the heavily beat-down small-cap market (filled with stocks most negatively impacted by high interest rates). TVC:RUT would rise rapidly, and my bet is on AMEX:TNA to follow.
From a technical analysis perspective, the fact there is a gap to close for AMEX:TNA in the low $90s is enticing. It may be a bumpy or speedy rise there, but the $30's have been a personal buy zone.
Target #1 = $54.00
Target #2 = $92.00
RUSSELL Rally doesn't seem to seek correction any time soon.Russell 2000 is overbought on its 1D technical outlook (RSI = 73.532, MACD = 34.900, ADX = 27.532) as the monthly candle is already as high as any in the last 12 months, despite being only on the 1st week. This bullish trend can keep going as this is the bullish wave of the long term Channel Up that started in March 2009 (housing bubble). We are already past a 1M MACD Bullish Cross and all 4 major bullish waves before had such a Cross to show. The minimum rise they gave was +81.48% and this is our target (TP = 3,000) until the end of 2025.
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Russell 2000 On verge of breakoutof a continuation inverse head & shoulders
these projections are IMHO likely to be the final nail in the coffin for this massive bull run
one of the complaints from Analysts is the lack of breath in the market
well when the russell reaches these projections
these analysts will likely claim victory and say see NOW we have a real bull market
which is when you should be seeking shelter as when the last bears are bullish it means there is no one left to convince.
And after 16 years from the 2009 bottom would be a fitting end to the secular bull
With a Trump victory likely ..
The Dems will in all likelihood prefer to leave him a big mess to clean up than a booming economy.
Russell 2000 Rejects Demand Zone: Is It Time for Bullish Season?The Russell 2000 Index, a benchmark for small-cap stocks, is showing signs of a potential bullish reversal after testing a previous demand area. While many retail traders are still positioned for further downside, current market conditions suggest a possible contrarian opportunity for a long position.
Demand Area Rejection and Retail Sentiment
The Russell 2000 has recently encountered a strong demand zone that has historically acted as a reliable support area. The index's initial rejection from this level indicates potential buying interest, which could pave the way for an upward move. However, retail traders remain predominantly bearish, anticipating a continuation of the downtrend. This positioning often suggests that the majority expects more selling pressure, which could lead to a squeeze in the event of a reversal.
Why the Long Setup?
Contrarian Approach: When the majority of retail traders lean toward one side of the market, it often creates an opportunity to take a contrarian stance. With retail sentiment heavily skewed towards further downside, a long setup becomes increasingly appealing.
Historical Seasonality: Historical data over the past decade suggests a pattern of upward price movement for the Russell 2000 during this time of the year. The index has experienced notable gains in the fourth quarter in nine of the last ten years. This seasonal trend aligns well with the current technical setup, providing further confidence in a potential bullish move.
The Technical Picture
From a technical perspective, the Russell 2000 has shown resilience at the current demand zone, suggesting that buyers are stepping in. For a confirmed long setup, traders should watch for bullish candlestick patterns, such as an engulfing or hammer formation, on the lower timeframes or even the daily chart. This would provide confirmation that the reversal is underway.
Let’s see how the index performs over the next few sessions. Keep an eye on key levels, and feel free to share your thoughts in the comments!
US2000 / Small Cap / Russell Bullish Robbery Plan To Steal MoneyHola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist US2000 / Small Cap / Russell Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 1h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Russell 2k looks very good, even with rising YieldDaily
The TVC:RUT looks okay, slowly grinding higher.
Spreading the chart out, it's still forming the, usually bullish, Inverse Head & Shoulder pattern.
Had this on a daily & weekly but the chart we see here is for the monthly (see profile for more info on where to get more data)
it is easier to see the pattern on the Weekly chart. Interesting.
However, we see something interesting on a monthly.
Monthly it looks similar to 2008 to 2010
AMEX:IWM
Russel 2000. Rejection at the top, correction on the way?Probable correction on the RTY Russel 2000 index. Rising wedge and failing to break the prior top.
Support on every fibo level to the downside, with an ultimate floor on the monthly lower Mogalef bands the long term sideways channel, and the very long term trend line, all around the 1,600 area