R2K at middle of channel and 200 week MAThis is a log chart of $RUT where it has been respecting the 200 week MA for three straight weeks. It also happens to be in the middle of a huge parallel channel dating back to the GFC bottom.Longby btrombley100
RUT update - 19/05/2022the push higher than 1901.35 will confirm that wave A of (4) ended and wave B is in play, critical level at 2458.855 Shortby tradezign1
Russell 2000 - US Economy in Trouble, 50% Shorting Opportunity?Although big indices like S&P500 and Nasdaq, favouring large cap companies, have still got potential to update historic highs - what is small caps index Russell 2000 telling us? It has already dropped by 30%, is there more downside and is it indicating that real US economy already in trouble? Technical Analysis (Elliott Waves): Looking at weekly timeframe it is visible that sharp drop in March 2020 has completed fourth wave of an impulse that has been developing since the great financial crisis of 2008 The proposed scenario suggests that the 5th wave has culminated in November 2021 and since then the next global correction has started which is likely to last even longer than the previous one that stretched from 1998 to 2009 - it's shocking to think of a correction for 11 years or longer The most interesting opportunity however, is the potential development of an Expanding Triangle which may have been formed with A-B-C-D waves already And given that there was an optimistic bounce on Friday 13th May in all the markets, there is a potential move for Russell 2000 towards $2140 to complete this triangle In this case the next move to the downside may have a great opportunity with nearly 50% for shorting the index and expect the target in the range between $1000 and $1300 which represent 0.618x and 0.5x Fibonacci retracement levels of the global wave 3 What do you think about this idea and US economy as a whole? Please share your thoughts in the comments and like this idea if you agree wit it. Also let me know if you would like to see other stocks, indices or Forex pairs analysed using Elliott Waves. ThanksShortby vitalalyt6
US2000 short ideaLooking to short US2000 down to my marked zone. Will look for lower tf confirmation Shortby IamAndres0
Not out of the storm yet.The Russell 2000 is currently at the pre-covid 19 high area however this area is not going to hold because many of these small debt ridden high growth assets will be killed by a combination of both high interest rates which increases debt servicing costs when many of them are over leveraged. Along with soaring costs due to severely damaged global supply chains (which face even more headwinds due to Chinese policy missteps and war in Ukraine) and soaring commodity prices. I do not think this support are will hold I think minimum we are looking at a return to 1450. Most crashes such It took from December the 12th 2007 when it started. to march the 3rd 2009 from top to bottom in the 08 financial crisis for most indices. We are currently in a super high risk uncertain global economic environment with no good news in sight for these types of entities. We are only roughly 3 months into the current market crash for some perspective. There is much more pain on the way.Shortby Henry2853
RUT update - 28/04/2022upside focus remains, expecting a strong move higher in wave (3), critical support at 0.776by tradezignUpdated 1
US2000 short Looking for a potential short again on US2000, potentially from the 15min unmitigated OB. Will look for confirmation on lower timeframe (1min)Shortby IamAndres1
US2000 shortLooking to take short on the unmitigated 15min OB if I get a confirmation on lower timeframe Shortby IamAndres111
us Russel vs other US indexesJust look at the drop in the Russel, its shows you what the others have to look forward to.Shortby real_wakawaka110
$RUT support at 1700 areaThe Small Caps had a hugh surge of a run during the October '20- January '21 time period. Just the same, now it's got little to no support on the way back down. I don't see any meaningful support until the 1700's area. by grenadetrade0
RUT: 1000 Target ?Wyckoffians usually Call a Narkdown when they see that Pattern. 1440 correction Potential from the TOP... Be cautious when trading!!!Shortby darth.stocks2
1.5 YEAR as the INDUSTRY's been SHORTING. Sentiment RUssel 2000 small capitalization companies . the cycles of growth and fall, aka distribution and collection (accumulating). the index characterizes how much of private capital in market 15 months of institutions shorting no private investors , no needed sentiment now , the Fed, wars and conflicts I predict 1.5 year is enough and it's time for hedge funds and banks to close their short positions and start accumulating fall 2022 when its gon be the new cycle of enormous rise as the war ends and the Fed stops talking shit, people will be dragged to put their money into the stock market look how Nasdaq index falls since January, there's no money in market currently , but it's about turning around in near months remember my words AUTUMN 2022 Market Sentiment is the most crucial Longby Abelants110
Bias more on downside30th April 2022. Since RUT failed to recover back its previous support area at 2130, it became the resistance there after. Small cap will suffer along with its brother (3major index) falling. We shall see next support level around 1750Shortby probabilityta0
RUT RUT looking extremely weak here. Expect large caps to continue to outperform supported by passive flows. Shortby UnknownUnicorn30517340
RUT Russell 2000 Support and Resistance playRussell 2000 is showing strong support at the $1940 area. I think that RUT is a support and resistance play from here, the first target being the $2130 Resistance. Looking forward to read your opinion about it. Longby TopgOptions3
Russell US2000 Daily Outlook | 22 - AprYesterday was massively profitable for me. Today, once again lets see how price will react towards my expectations. Note: Am not a mentor, i am just a random guy who journals his trades on TView for trading community to read and comment their opinion. This not a signal hence copy at your own risk! Kings.by Kingsley_lotannaUpdated 1
Short term MAs to help see swingsI discuss how a short term moving average such as a 5MA can be useful to help your brain focus on the swings rather than getting sucked into the randomness of single candles. Education05:35by persistent_edge0
US2000 Daily Outlook | 21- AprEager to see which way price will eventually choose today. Will update intermittently. Kings. by Kingsley_lotannaUpdated 1
US2000 Russel Index shortRecent strength in stocks early in the week seems to be a false rally as markets sell off on Thursday. Looking to see a test of the low of the larger range. Momentum should continue and be in profit or at least near entry after tomorrow otherwise will look to close if market is still choppy and there is weak followthough. This volatility today could be the first sign of the next impulsive leg down.Shortby persistent_edge110
US2000 Daily Outlook - 20 AprCurious to see which way price will choose. Will update by EOD on the result. Kings.by Kingsley_lotannaUpdated 1
Russell 2000 Trading Range 2021 Vs 2022It is interesting to note that RUSSELL:RUT was in the range of about 300 points throughout 2021. The range is shifted downside in Jan 2022 and the same is still maintained. The range maintained in 2022 stands at 76.4% Fibonacci level of 2021 range. by Rajesh_Ramchandani_Delta0
russell buy signalwe see a little trendline here, retested with inverted pinbar, as confirm we can check stochastic over sold and divergence.by iamprog0
Russel 2000 --> Bearish FlagHello Traders A good chance to go short on Russel 2000. Good TradesShortby FiXTUX0