Russell2000
RUSSELL 2000RUSSELL 2000 Index did exactly what i mentioned in my last 2 charts. we are forming a double top, So its time to see if we are going for a breakout or a double top and shorting from there.
RUSSELL2000 US INDEXAs i had mentioned earlier in my chart, Russell 2000 has done what was expected of him. Sure it went done first to take out stops but eventually it did not take much time for him to get right back up, we still have more room to the upside left before we see some side ways trading. As its still in the range bound territory so bears will have there way once again as well.
Russell 2000 / Index USRussell 2000, shows positive signs in the continuation to the up trend. most likely staying range bound but move to the upside.
ASX, HENG SENG, IBEX, all had a good start to the week closing positive. US markets look solid to continue the rally, however any major geopolitical news can offset the rally but in the mean time Trend is UP.
Russell2000Lookiing for support at 200MA, needs to hld 1550/1560 to continue the bullish upward momentum.
Russell 2000Russell 2000, breaking all trends. Close to resistance, We can see it keep rising to new highs if the earnings report beats expectations.
positive divergence A bottom on the daily in TZA as +ve divergence is set, look for a small pull back
to gather energy to break RSI 50, if/when this happens, it comes with a strong
movement in price
The trend is your friend on IWMI'm looking to buy at the $154.50 level when we pull back. This is approximately the 50 day sma and ema on the daily time frame.
I have a limit order to buy April $155 calls at $5.15 per contract. The current mark is $7.10.
IUX Russell2000 has immediate overhead resistanceIUX Russell2000 has immediate overhead resistance but targeting ABCD move 1650 where Fib Ext 2 x collides
RUT longIdea: Possible support and return long.
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This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Update idea
Russell 2000 Futures Show a Bearish Megaphone PatternI saw this yesterday AM went went short one future. I closed that last night at the support line. I am sorry I didn't have time to post this then but I had to leave for work.
I will try to short it again as the downward channel develops (if it does). I will be watching for more weakness in the other US equities indices. There are no COT data on Barchartdotcom.
Russell Going Down..... Just watching this one. Looking like it's heading down. I'm looking for an opportunity to go long again.
Spread trade with Russel2000 and Nasdaq100Recently, the Russel2000 and the Nasdaq100 are developing more and more in different directions. Since we expect a weaker stock market in the coming weeks and months and the Nasdaq100 can drop significantly lower, the possibility exists for a spread trade in both assets. The approach is relatively simple: Long in the Russel2000 and short the Nasdaq100.
IMPORTANT here is to look at the nominal value of the individual futures in order to find the right relationship/position size. Taking into account the nominal value and the current implied volatility, you would buy two Russel Future (RTY) and sell one Nasdaq Future (NQ).
It is interesting that the margin requirements are very low, if you put it directly as a combo, at the same time the financial risk is easy manageable.
FU on IWMMy up target on IWM hit and long position closed. Personally I'm taking a partial short position. Will likely add when price leaves up channel on the 120 minute. Take care. Process your way.
IWM: expecting some up action with the Russell 2000Intermediate up trend broken broken on the dialy log chart. Have a gap to close above. Of course not sure how high it will go before the next fall.
Russel 2000 - US2000: Upside Coming SoonWatch the bottom of that triangle formation for the upside move.
