M2K1! trade ideas
Russel 2000 (RTY/IWM) Potential ReversalBearish Rising Channel. Short the confirmed breakout. Goodluck!
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RTY, IWM, Russell, small rally ahead then short-term bearishRTY looking for a small leg up before a short-term correction.
Russell 2000 future trendline Right at weekly trendline resistance now. Interesting to see what happens next.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
RTY at ATH and MFI overboughtMFI overbought but small caps still rallying while otehr indices drop. Obvious sector rotation if you look at IWM and QQQ intraday charts.
No idea why... very strange. In any case, overbought.
RTY IWM RUSSEL 2000 short , early positionRUSSEL 2000 gettin overbought due to sector heavy rotation of last weeks. Possibility to open a entry position here and scale in if it breaks down below 1815$. Average down if market push up higher or use SP500 as reference for stop loss. Shorting is super tricky and it's impossible to time them perfectly. This is a counter-trend play, so very risky. Regression to 20ema should be achieved before another push up.
PT1:1815 (small pullback)
PT2:1753 (retracement)
R2K Ripe for PluckingMFI, RSI topping at ATH, Sector rotation out of megacaps is the money flow. Looks like a complete 5-wave EW impulse.
Ofc it can still get higher. Odds seem to favor short in near-term. Just an idea, not advice; trade at ur own risk, GLTA!
RTY Way the heck OverboughtExpecting this to start dropping either this afternoon or tomorrow.
You definitely don't want to chase small caps.
RTY - May/June overlayOverlayed the May/June rally to see where we're at....
Take it for what it is.... not suggesting a huge dump will happen next week....
IWM/RUT going for megaphone top touch, short to commenceClassic top of megaphone -- Market up but showing weakness. SPX similar situation, but dollar waking up and showing real strength now. Time is ticking
