RWM trade ideas
RWM Russell 2000 Short. Is The US market crash coming ? Is The US market crash coming ?
We have 3 types of “crashes”
Correction <15% downward movement in a major indicy
Bear Market <20% downward movement in a major indicy
Black Swan event, something very unexpected that tanks the market, think 1987, 1929, challenger disaster, 911 and so on.
The fourth type is the 1919, 1929, 1999 and 2008 scenario that people generally refer to as a “crash” 2022 a new one ?
Sincereley L.E.D In Spain 14/05/2022
$RWM - Inverse Russel 2000 ETF - LongThesis
Long Inverse RWM due to weakness in small caps.
It would be early to enter this trade.
Confirmations:
1. Above support
2. Higher highs and higher lows on Day and Week chart.
Contradictions:
1. Price is at the 8 Day EMA not above it.
2. Price is below the 21 Day EMA.
Trade:
Long RWM
Related Trade:
Short IWM
Disclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.
Ichimoku Cloud, Pattern Swing, Alligator: IWM/ RWM Follow-Up 2The above is a 15 minute time interval. What you do not see is the trend was faster on a 5, 3, and 1 minute chart. On the shorter time duration charts the Ichimoku Clouds were moving up. If the IWM is going to fall, a good way to "play" this move is RWM. In follow-up One I showed that the IWM trend is down, so I bought RWM. I will try my best to explain the above Alligator trade, and how the combination trade works. The Ichimoku Cloud is rising (bullish), the Ki jun-Sen and Conversion Lines are rising, and above the cloud (bullish), the three indicators (RSI, Vortex, Awesome Indicator) are all bullish. The dotted black circles are the alligator's teeth, and the lips and jaws opened as the trade day began 04-05-2016. The fractals were positive. A new uptrend began. Based on Fibonacci analysis, the target for RWM is $74 to $76. I hope you enjoyed this presentation. Yours for better trading, Don.