RTY (Small cap futrues)Overbought on daily with MFI divergence. Appears it will hit my upper blue line so probably an exhaustion gap either tomorrow or Wed.
M2K1! trade ideas
M2K set up for a super rare 4:1 R:R and possible crash!The Russell Micro is set up with a SUPER rare short opportunity here and possible crash. The 4H has made its third trend lower is under it's VWAP from highs and has put in a doji on the lows. The trade here is a pullback to 2065.5 with a stop at 2085.5 target at 1980 giving a 1:4 risk to reward ratio. I haven't seen a short setup like this in US equities in a VERY long time... as in, August 2008.
RTY One hour time frame, up channelThe RTY one hour time frame is in an up channel. The market broke above a counter trend line bullish near the bottom of the channel.
RTY - Russell2000 main s/r zones analysisHello traders,
Description of the analysis:
E-MINI RUSSELL 2000 INDEX FUTURES ( RTY ) support zones ideal for timing long positions (gray). A possible correction could provide a shopping opportunity in interesting volume zones. It is definitely worth following further developments. The thickness of the support zone reflects the importance of this zone. Red lines are fair prices by volume .
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPX index. Biggest part of my current bussiness activity comes from e-mini futures (NQ, ES, RTY). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
RTY One hour up ChannelRTY one hour time frame is breaking the counter trend line bullish off the one hour time frame. The top of the channel is around +500 Ticks above the support level.
RTY UpdateRTY oversold, NQ is still near overbought.
Maybe we get yet another sector rotation? Starting to get dizzy with all this rotation, lol.
$IWM RTY would be in trouble below 2100$IWM RTY would be in trouble below 2100
This week is a good week to play short if the momentum on the small cap index sells to the downside.
Markets enter the consolidation phase: Russell2000 still bullishI perceive Russell2000 as being in a still bullish phase, however, it might need more time to settle. Today we might see mild pressure to the upside with light volume. Remember, today is a short day for CME. US Stock exchanges are closed.
Another short term hedge opportunity #stocks After the huge run in the Russell I am using the index futures to hedge against long equity exposure in the portfolio. I am not bearish on the market on an intermediate term (weekly) basis but in the short term I think its a prudent time to protect against any potential volatility spike or profit taking in the market especially going into a long weekend. My stop will be above yesterdays high and if the hedge works, price should be heading back into the range (rectangle) from last week
/RTY | Russell 2000 Rejection At Trendline Resistance The Russell rejected at two trendline resistance levels. Watch for a pullback to structure support.
RTY MFI OverboughtNQ oversold, RTY overbought. Looks like more whipsaw, lol, possible sector rotation again.
RTY 15min Gann FanRTY didn't touched 8/1 line et so can still have to go there first to complete gann fan.
$RTY | [$IWM] Potential Short Opportunity Inside ChannelHere is an opportunity to take a countertrend short scalp on /RTY at channel resistance.
**This is not confirmed**
