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Us2000

RUSSELL 2000 INTRADAY reaction to US PCESlightly hawkish as Core PCE remains elevated—could delay Fed rate cuts. US Equityes may face short-term selling pressure as yields react. If risk appetite holds, dips could present buying opportunities in growth stocks. Watch Treasury yields & Fed commentary for further market direction. Key Support and Resistance Levels Resistance Level 1: 2113 Resistance Level 2: 2131 Resistance Level 3: 2167 Support Level 1: 2060 Support Level 2: 2022 Support Level 3: 1987 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
Russell 2000 - 5th wave of Y leg may already be in progress... The rejection at 2100 price level also happens to be the 38.2% Fib of the decline from the 14th of February 2025. The decline from 6th of February 2025 counts beautifully as waves 1, 2, 3 & 4. If this wave count is correct, then the Russell is currently in wave 1 of 5 of Y of (ii). This is my primary wave count as long as the 2100 resistance is not breached. This changes my initial wave count from a complex WXYXZ to a simple WXY. Click on the link to see the previous wave count which is still valid and is now an alternate wave count if the 2100 resistance is breached: Only updating the wave count. My bias and direction remain the same. Wave Y is possibly in progress. Looks like we are going to have a bearish April & possibly May as well. Selling corrective rally is still the way to trade for now. Take profit at 1905/1900, which is where technically, the Russell 2000 will possibly turn up for wave (iii). Stop Loss can be placed above wave 4, well out of the way in case of any wild swing on this PCE Friday.
CAPITALCOM:RTYShort
by RayGunaraj
Russell 2000 Elliott Wave Analysis (WXYXZ in progress)Possible wave (ii) complex correction in the form of a WXYXZ still in progress. Expecting corrective rally to fail around the 2200 resistance zone. A final wave down from there should find a bottom around the 1900 support zone where wave (ii) should end. Expecting wave (iii) to commence from there... ------ *would appreciate feedbacks and thoughts on this* **this is not a trade recommendation, just an idea that I am working with**
CITYINDEX:USSMALLCAP2000CFDShort
by RayGunaraj
Russell INTRADAY muted reaction to positive durable goods dataRussell INTRADAY muted reaction to positive durable goods data Key Support and Resistance Levels Resistance Level 1: 2113 Resistance Level 2: 2131 Resistance Level 3: 2167 Support Level 1: 2060 Support Level 2: 2022 Support Level 3: 1987 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
2
Russell 2000 H1 | Approaching pullback supportRussell 2000 (US2000) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,087.22 which is a pullback support. Stop loss is at 2,065.00 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement. Take profit is at 2,131.72 which is a pullback resistance that aligns with the 161.8% Fibonacci retracement. 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. 63% 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. 63% 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.
FX:US2000Long
by FXCM
"US2000 / RUSSELL 2000" Indices Heist Plan (Day / Swing Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "US2000 / RUSSELL 2000" Index CFD market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Wait for the MA breakout (2120) then make your move - Bullish profits await!" however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level. 📌I strongly advise you to set an alert on your chart so you can see when the breakout entry occurs. Stop Loss 🛑: Thief SL placed at the recent/swing low or high level Using the 2H timeframe (2060) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: ✂Primary Target - 2180 (or) Escape Before the Target ✂Secondary Target - 2230 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. "US2000 / RUSSELL2000" Index CFD Market Heist Plan (Day / Swing Trade) is currently experiencing a bullishness,., driven by several key factors. 📰🗞️Get & Read the Fundamental, Macro, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Index-Specific Analysis, Positioning and future trend targets.. go ahead to check 👉👉👉 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
PEPPERSTONE:US2000Long
by Thief_Trader
RUSSELL 2000 The Week Ahead 24th March '25RUSSELL 2000 bearish & oversold, the key trading level is at 2100 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
Russell 2000 INTRADAY Bearish oversold bounce back Key Support and Resistance Levels Resistance Level 1: 2081 Resistance Level 2: 2100 Resistance Level 3: 2124 Support Level 1: 1982 Support Level 2: 1940 Support Level 3: 1896 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
This RUT/NDX ratio may convince you to buy NASDAQ aggressively.Nasdaq (NDX) has been under heavy selling pressure in the past 30 days. This short-term pull-back however is nothing but a buy opportunity on the long-term, and this study shows you why. The answer lies on the RUT/NDX ratio which shows that this may be the time to get heavier on tech. The use of the Russell 2000 index (RUT) is due to the fact it represents a wider array of companies. Naturally over the years (this 1M chart shows data since 2006), the ratio declines within a Channel Down as historically the riskier tech sector attracts more capital and grows more. However there are instances where Russell gains more against Nasdaq. We are currently though at a time where this isn't the case as the ratio seems to be ready for decline following the completion of a consolidation that on previous fractals (March 2015, September 2008) was bearish, thus positive for Nasdaq. As you can see, this movements can be grasped by the Sine Waves, though not perfectly, but still good enough to understand the cyclical pattern we're in, also with the help of the 1M RSI Triangles. Nasdaq (which is represented by the blue trend-line) has started massive expansion Channel Up patterns following this unique signal given by the RUT/NDX ratio. The first was right after the 2009 Housing Crisis bottom and the second during the 2015/ 2016 E.U., VW and Oil crisis. The key here is on the 1M RSI. The Triangle is about to beak to the upside and every time this happened in the last 20 years, it coincided with a pull-back on Nasdaq (blue circle) similar to the current one. What followed was massive rallies each time. As a result, this could be an indication that even though the tariffs have rattles investor confidence lately, this is an opportunity for a strong buy position for at least the rest of the year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:RUT
by TradingShot
Russell2000 INTRADAY Oversold bounce back capped at 2081Key Support and Resistance Levels Resistance Level 1: 2081 Resistance Level 2: 2100 Resistance Level 3: 2124 Support Level 1: 1982 Support Level 2: 1940 Support Level 3: 1896 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
RUSSELL 2000 The Week Ahead 17th March '25RUSSELLL2000 INTRADAY bearish & oversold capped by resistance at 2170 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
Russell2000 INTRADAY Key Trading LevelsKey Support and Resistance Levels Resistance Level 1: 2097 Resistance Level 2: 2132 Resistance Level 3: 2167 Support Level 1: 2000 Support Level 2: 1981 Support Level 3: 1957 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
Russell 2000 D1 | Approaching a pullback resistanceRussell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,083.69 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement. Stop loss is at 2,150.00 which is a level that sits above the 38.2% Fibonacci retracement and a descending trendline. Take profit is at 1,982.94 which is a swing-low support. 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. 63% 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. 63% 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.
FX:US2000Short
by FXCM
Russell 2000 INTRADAY ahead of US Non Farm PayrollsSentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 2100, followed by 2113 and 2123. Support : Key support is at 2054 followed by 2035 and 2026. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
Russell 2000 H4 | Pullback resistance at 61.8% Fibo retracementRussell 2000 (US2000) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2,133.07 which is a pullback resistance that aligns close to a 61.8% Fibonacci retracement. Stop loss is at 2,202.00 which is a level that sits above the 50.0% Fibonacci retracement and a swing-high resistance. Take profit is at 2,047.95 which is a swing-low support. 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. 63% 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. 63% 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.
FX:US2000Short
by FXCM
Russell 2000 Key levels ahead of US OpenBearish Scenario: The Russell 2000 index remains in a shorter-term downtrend, signaling continued bearish momentum. The key resistance level to watch is 2208. If an oversold rally occurs but faces rejection at this level, the index could resume its decline, targeting 2078, followed by 2015 and the psychological 2000 level over a longer timeframe. Bullish Scenario: A confirmed breakout above 2208 and a daily close above this level would invalidate the bearish outlook. This could trigger further upside movement, with resistance targets at 2230, followed by 2278. Conclusion: The near-term sentiment remains bearish, with 2208 as the key pivot level. A rejection from this resistance would reinforce downside risks, while a breakout above it could indicate a shift toward renewed bullish momentum. Traders should closely monitor price action around this level to assess the next move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
1
RUSSELL capped by 200DMA, The Week Ahead 03rd March '25The Russell 2000 (US2000) index exhibits bearish sentiment as the long-term uptrend is under threat, with price action closing below the psychologically significant 200-day moving average (2209). Since reaching an all-time high on November 25, 2024, the index has started to show weakness, suggesting a potential continuation of its corrective consolidation. Bullish Scenario: The 2209 level (200-day moving average) serves as a critical support zone. A bullish rebound from this level could restore upward momentum. Potential upside targets include: 2257 (initial resistance) 2324 (next major resistance) 2360 (longer-term target) A strong bounce from 2209 could signal a recovery and reaffirm the broader uptrend, attracting renewed buying interest. Bearish Scenario: A confirmed break below 2141 support, followed by a daily close under this level, would indicate further weakness. This could accelerate the downside momentum, leading to potential targets at: 2093 (next key support) 2023, if selling pressure intensifies A sustained move below 2141 would invalidate the bullish outlook, suggesting the corrective phase could deepen, with the potential for an extended pullback. Market Outlook: The 2209 level remains the key pivot—holding above it could support a recovery, while a decisive break lower would confirm a deeper correction. Traders should monitor price action closely for confirmation signals to assess the next directional move in the market. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
US2000 - Potential Buy Opportunity at Key Support LevelPEPPERSTONE:US2000 has reached a significant demand zone, highlighted by previous price reactions and strong buying interest. This area has historically acted as a key support level, suggesting the potential for a bullish reversal if buyers step back in. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 2,260 level, which represents a logical target within the current market structure. If you agree with this analysis or have any additional thoughts, feel free to share them in the comments!
FUSIONMARKETS:US2000Long
by DanieIM
1
RUSSELL200 below 200 DMA after Friday correction The Russell2000 (US2000) index price action sentiment appears neutral, the longer-term prevailing uptrend is challenged as the price closed below the psychologically important 200-day moving average. Since reaching an all-time high on 25th November 2024 the Russell2000 index price action is consolidating in a sideways trading range. The key trading level is at 2207, which is the 200-day moving average level. A bullish bounce back from the 2207 level could target the upside resistance at 2257 followed by the 2324 and 2360 levels over the longer timeframe. Alternatively, a confirmed loss of 2207 support and another daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2140 support level followed by 2093. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation
RUSSELL 15-year Cycles holding perfectlyIt has been 6 months ago (August 15, see chart below) when we updated our long-term call on Russell 2000 (RUT) based on a 15-year Cyclical pattern: As you can see, since we introduced this long-term commitment on Russell back on October 07 2023, the index made a remarkable recovery and now the final step is to break above the previous All Time High (ATH) and turn it into the long-term Support. That is what happened on all 3 of its previous Cycles (only broken temporarily during the COVID flash crash). As long as the 1M MA50 (blue trend-line) holds, we expect the pattern to hold once more and fulfil the 2.0 Fibonacci extension condition as the near Cycle Top. Our long-term Target remains 3500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:RUTLong
by TradingShot
1
US2000 sideways consolidation continuesThe Russell2000 (US2000) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 25th November 2024 the Russell2000 index price action is consolidating in a sideways trading range. The key trading level is at 2195, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 2195 level could target the upside resistance at 2267 followed by the 2323 and 2340 levels over the longer timeframe. Alternatively, a confirmed loss of 2195 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 2163 support level followed by 2136. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:US2000
by TradeNation