Russell2000
S&P HIT 50% FIB TO DOWNSIDES&P 500 has hit a huge fibonacci level to go down lower. Coincidentally the other 3 major US indexes have hit a high to low 50 as well. The Nasdaq, Dow Jones, and Russel have also hit this level. There is a good chance this continues to the downside. In order for the markets to be bullish again the indexes would need to break above the 61.8 (red line) with strong momentum. TO SEE THE OTHER FIB SETUPS ON THE INDEXES GO TO @DANTHETRADEMAN ON TWITTER. ALL FOUR INDEXES ARE DRAWN WITH THE FIB. twitter.com
RUT hits an important FIB levelRUT hits an important Fibonacci extension level. Short Fed decision spike against 2% StopLoss
Russell 2000 USA lot is going on in here and a lot needs to be taken out to reach this bearish scenario to take place, but YES! it is possible and I am going in for this with stop at 1645/50. This needs at least 2 weeks bearish trend to play out for the price to reach 1460 Area or maybe just maybe if the markets get stretched than 2nd Quarter will be my target. The graph is self explanatory so i wont go into detail but Fingers Crossed. based on last 3 months action this does look attainable.
Russell 2000 - ShortRussell 2000 is overbought with three gaps up on daily and it is time for profit taking.
*This information is to be used for educational purposes only.*
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.
